First REIT looks unimpeded to fulfill distribution obligations
First REIT may have faced various tribulations over the past several years, including a sinkhole near its Surabaya asset and…
First REIT clarifies timeline for its pivot outside Indonesia
Sometime within the next five years, First REIT will no longer derive the bulk of its income from Indonesia. This…
First REIT seeks mandate for ‘2.0’ growth strategy
First REIT has scheduled its extraordinary general meeting (EGM) for 28 January 2022 at 11:00 a.m. At the EGM, the…
First REIT announces Japan acquisitions in manifestation of long-held plans
First REIT has announced the proposed acquisitions of 12 Japanese nursing homes from its sponsor, OUE Lippo Healthcare Limited. The…
First REIT unit price surges on sponsor’s improved credit outlook
Healthcare landlord First REIT’s unit price surged by as much as 5% during the trading session on 24 November.
First REIT DPU for 9M 2021 falls 41%
Data from First REIT’s latest disclosure has been incorporated into the Singapore REITs table. First REIT has reported a distribution…
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…