First REIT's property in Singapore, Pacific Healthcare nursing home in Bukit Merah (Photo: REITsWeek)

First REIT has yet to hear from its sponsor, PT Lippo Kawaraci (LPKR), with regards to proposals on rent restructurings.

In June 2020, the LPKR made known its intention to initiate rental restructuring discussions with First REIT.

Related: First REIT poised to lose rental support from sponsor and master lessees


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By Shariffa Al-Habshee

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