Aims Property Securities Fund Aims Property Securities Fund (ASX:APW) is an Australian-based listed diversified real estate securities investment fund managed by AIMS Fund Management Limited that provides investors with regular income distributions and long-term capital growth through a portfolio benchmarked against the S&P/ASX 200 Property Trusts Accumulation Index; its core investments include listed property trusts, unlisted property trusts with a bias toward higher-yielding options, listed property-related companies, and mortgage funds across various property sectors such as retail, office, industrial, and residential, as well as diverse geographic locations encompassing Australia and international markets including Asia; the fund employs fundamental bottom-up analysis focusing on manager skills, asset quality, debt management, income growth commitment, financial strength, and business models, while maintaining conservative gearing, strong liquidity, and active capital structure management. Established prior to its ASX listing in December 2004 and headquartered in Sydney, New South Wales, the fund formerly operated as MacarthurCook Property Securities Fund until its name change in 2013 and operates within the real estate investment trust sector targeting institutional and retail investors seeking property exposure with daily liquidity via ASX trading. Recent developments include a strategic investment in July 2025 by its subsidiary AIMS Growth Investment Fund acquiring 32.45 million units in AIMS APAC REIT AIMS APAC REIT for approximately SG$38.6 million and a related entity purchase of an additional 8.12 million units for SG$9.7 million from ESR HK Management Limited, enhancing exposure to Asia-Pacific real estate; ongoing substantial holder activity such as the Consolidated AIMS Group's acquisition of 1 million units in August 2024 from LH&F Pty Ltd, Takeovers Panel reviews concluding in late 2024 with no proceedings, director George Wang's continued on-market purchases totaling over 26,000 units in early 2025, and release of the FY2024 annual report in August 2024 reflecting net profit growth to A$52.6 million, shareholders' equity of A$217.6 million, and NTA per unit of A$4.89.