AIMS AMP Industrial REIT

When I first graduated I didn't have enough to take up excess lots for rights. The company was Capitaland for me.

After I accepted the allocated rights and no excess rights, I had only $300 left for the month. That was just 2 days after receiving my salary!

Those were the days....

That was what woke me up.... must always have spare cash to take up rights, especially if I own REITs

For me, i will sell the shares the next day after the company announced rights and buy back the mothers or rights at a later dates and take up more excess rights. In the end, i actually owned more lots than i originally owned with the same amount of money. The most recent is GP batteries.

Dont follow me as i am just practicing market timing and so far i got it cheaper.

Personally I have not found myself in the unhappy or undesirable situation of having no cash to pick up on rights.

But there has been instances where (1) I dumped the share when I heard the company was doing YARI (Yet Another Right Issue); (2) Reduce my holdings in the share so that I will maintain parity in the share post rights.

For (1) it was the case of just losing patience with the company and just decided to cut loss and be done with it.

For (2) though I was still happy with the company (GRP), it was a massive issue (3-for-1) and I did not want to put more money into it so I diluted some and use to proceed to take up my remaining rights entitlement.

New AEI.

http://infopub.sgx.com/FileOpen/AACI_REI...eID=298359


(Vested)

(23-05-2014, 12:09 PM)Dividend Warrior Wrote: New AEI.

http://infopub.sgx.com/FileOpen/AACI_REI...eID=298359
(Vested)

Thanks for the heads up.

I think they are doing good & well for our interest. Huat ah.

Singapore, 16 June 2014 – AIMS AMP Capital Industrial REIT (AACI REIT) today announced that it had received the Temporary Occupation Permit (TOP) for its development of Phase 2 Extension (2E) at 20 Gul Way on 14 June 2014.

Chief Executive Officer of the REIT manager, Koh Wee Lih said: “We are very pleased to achieve TOP for Phase 2E of 20 Gul Way about six months ahead of schedule and within budget.

“We have successfully repositioned and transformed the property as the largest ramp up warehouse in our portfolio. This project demonstrates how we are successfully unlocking inherent value within our portfolio to deliver greater value for unitholders.”

Phase 2E of 20 Gul Way is valued at S$22.2 million, taking 20 Gul Way’s investment property value to S$239.21 million. The development adds approximately 123,2542 square feet gross floor area to 20 Gul Way, bringing the total GFA for Phases One, Two and 2E to approximately 1,282,790 square feet.

The entire Phase 2E of 20 Gul Way is pre-leased to CWT Limited. Partial rental contribution from Phase 2E is expected in September 2014 quarter after the tenant’s fitout with full contribution expected in the December 2014 quarter.

The further development of Phase Three at 20 Gul Way is progressing according to schedule and within budget with TOP expected in December 2014. The entire Phase Three of 20 Gul Way is also pre-leased to CWT Limited. The entire development increases the plot ratio from the existing 1.4 to 2.0. Upon completion, the total GFA of the entire property will be approximately 1,656,485 square feet.

(Vested )

(23-05-2014, 06:54 PM)Snoopy168 Wrote:

(23-05-2014, 12:09 PM)Dividend Warrior Wrote: New AEI.

http://infopub.sgx.com/FileOpen/AACI_REI...eID=298359
(Vested)

Thanks for the heads up.

I think they are doing good & well for our interest. Huat ah.

Yes indeed.

I feel they have done well over the past 2 years in terms of execution.

http://www.businesstimes.com.sg/premium/...t-20140731

Published July 31, 2014
Industrial land being released by JTC won't affect us: Aims AMP trust
By
lee meixian
leemx@sph.com.sg @LeeMeixianBT
print |email this article

THE large supply of industrial land and space that JTC Corporation is in the midst of releasing to boost supply and ease rents won't affect real estate investment trusts such as Aims AMP Capital Industrial Reit.

This is because there is still a role for the private players, Koh Wee Lih, CEO of Aims AMP Capital Industrial Reit Management, told BT yesterday.

He pointed out that JTC has recently been experimenting with new innovative next-generation factories, adding that the statutory board "is not trying to come back to consolidate the whole industry scene again, but to push through a few projects to see if it works".

"If it does, JTC hopes that the private sector can take over. JTC does not want to be the only landlord in town," Mr Koh said.

AA-REIT achieves TOP for final phase of 20 Gul Way
Completes major development

Singapore, 11 September 2014 – AIMS AMP Capital Industrial REIT (AA-REIT)
today announced that it had received the Temporary Occupation Permit (TOP) for
the third and final phase of 20 Gul Way’s development on 9 September 2014.
Receiving TOP represents the completion of the 20 Gul Way development project.

Chief Executive Officer of the REIT manager, Koh Wee Lih said: “20 Gul Way has
proven to be a transformational development project for the Trust.
“We are very pleased to achieve TOP for the final phase within budget and almost
four months ahead of schedule. The target completion date was December 2014,
but early completion means rental contribution will flow through in December quarter.

“Completing this development is a major milestone for the Trust. This was the first
development project undertaken in our redevelopment pipeline and it has proven to
be very successful in delivering value to Unitholders,” Mr Koh said.

The entire 20 Gul Way is pre-leased to CWT Limited, a leading Singapore logistics
company. The completed development will deliver S$22.6 million1 in rental income
annually, which is more than five times the initial S$3.6 million annual rental income prior to development.

“This has been a three and half year project, completed in four phases. Initially we
increased plot ratio from 0.46 to 1.4 for Phases One and Two. We then obtained a
further increase in plot ratio to 2.0 and extend the warehouse with Phases Two
extension and Three, taking the site’s total gross floor area to 1,656,4852 square feet from 378,064 square feet.

“We’re very proud of this development, particularly because it adds such significant
value to the portfolio for Unitholders,” Mr Koh said.

With the completion of Phase Three, 20 Gul Way’s total asset value is expected to
be S$306.4 million, compared to S$41.8 million before redevelopment. The
property is now the largest asset in the Trust’s portfolio.

George Wang, now holds 45.186 million units in the REIT as a result of a market transaction on 18 September. He purchased 380,000 units at a price of SGD1.435 a piece. Wang’s stake in the security now stands at 7.27%.