Siloam Hospitals Surabaya

First REIT has terminated plans to develop a new hospital property in Surabaya.

The plan was terminated after the development works were scuttled by the appearance of a sinkhole in 2018.

Related: Surabaya names First REIT target property in sinkhole investigations

Dear subscribers, please login to continue reading this article.

Don’t miss out on information beyond mainstream media reports that may impact your investments.
Login or sign-up for a free 25-day trial here.

By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.