News about AIMS APAC REIT —
AIMS APAC REIT to acquire freehold industrial property in Perth, Australia for A$42.7 mil
AIMS APAC REIT (AA REIT) announced that it has entered into a contract of sale with an unrelated third party to acquire the property located at 398 Bushmead Road and 286 Stirling Crescent, Hazelmere, Western Australia, comprising two adjoining freehold land plots....read more on The Edge Singapore
The total acquisition outlay comprises a purchase consideration of A$42.7 million ($38.43 million), which is subject to completion adjustments which are not material, according to the REIT manager.