Featured Articles

Featured Articles
Find out more about IPO and Rights Issue in articles from the All about REIT series:
The IPO Prospectus
Rights Issue Part 1: Terms and Definition
Rights Issue Part 2: What happens during a Rights Issue
Ever wonder how to start using CPF to buy shares? Do visit Using CPF to buy shares (CPF Investment Scheme CPFIS-OA)

Advertisement

Directory

All about REIT Introduces concepts and terminologies about REIT.

About a Reit Talks about a particular REIT. Includes latest or historical performance, its business, and more.

Books and Thoughts About investment books and thoughts after reading.

REIT Financial News Latest financial news related to REIT

Commentary Commentary about news or trends affecting the REITs, or about the Market in general.

General Investment Tips, guide or thoughts about investment in general.

Tuesday, February 22, 2011

AIMSAMPI Reit Sells Asahi Ohmiya Warehouse in Japan Above Book Value

- , ,
AIMSAMPI Reit Sells Asahi Ohmiya Warehouse in Japan Above Book Value:
Key Points
  • Sale price: JPY1.49 billion (SGD22.81 million).
  • Book value as at 31 December 2010: JPY1.46 billion (SGD22.35 million).
  • Sale expected to complete in March 2011.
  • Net sale proceeds after JPY debt repayment available for future investment opportunities.
  • Aggregate leverage reduced from 33.6% to approximately 32.0% following completion of the sale Continued execution of Manager’s strategy for the Trust.
Related Posts


No comments:

Post a Comment

Subscribe to: Post Comments (Atom)