First REIT opts out of chance to acquire Tangerang asset
First REIT has decided not to acquire an asset in Tangerang, West Java from its sponsor, PT Lippo Karawaci TBK.…
First REIT reports 43.5% fall in DPU on enlarged unit base
Data from First REIT’s latest disclosure have been updated into the Singapore REITs table. First REIT’s distribution per unit (DPU)…
First REIT to divest sole South Korean asset at discount to valuation
First REIT is divesting its sole asset in South Korea, Sarang Hospital, for USD4.52 million. The asset is a six-storey…
First REIT receives green light to restructure master leases
A plan by First REIT to restructure its master leases with Lippo Karawaci and raise capital via a rights issue…
First REIT reports 51.2% fall in distributable income for 2020
Data from First REIT’s latest results have been updated into the Singapore REITs table. First REIT has reported a DPU…
First REIT poised for international expansion once recapitalisation plans approved
First REIT may have been an Indonesia-focused healthcare landlord for much of its existence, but the REIT is poised to…
First REIT will avoid “sharks in the sea with blood” with lease restructurings, says lead director
First REIT has come forward to explain why it has decided against taking the legal route with regards to the…
First REIT retreats by 35% towards indicative TERP on rights issue
The unit price of Singapore-listed First REIT finished the trading day about 35% lower from its previous close, on the…
First REIT signs agreement to restructure rents with master lessees
First REIT has signed separate memorandums of understanding (MOUs) to restructure its leases with PT Lippo Karawaci (LPKR) and PT…
First REIT yet to hear from sponsor on proposed rent restructure
First REIT has yet to hear from its sponsor, PT Lippo Kawaraci (LPKR), with regards to proposals on rent restructurings.…