Thursday, January 26, 2012

AIMS REIT

AIMS REIT: Stanchart maintains Outperform but increases TP from $1.25 to $1.42. 3QFY12 DPU beat forecasts by 16% on better-than-expected achieved rents and occupancies. Earnings upgraded by 13%. Counter has a high yield of 11% in FY12/13E and its potential for growth via redev of other portfolio assets remains.

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