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.…
First REIT responds to queries on property values, interest rate swaps
First REIT has responded to queries from the Singapore Exchange (SGX), which sought explanations on whether its manager has disclosed…
First REIT extends reliefs, paints grim picture of 1H 2020 performance
First REIT has extended rental relief for May 2020 to June 2020 to all tenants affected by the COVID-19 pandemic.…
First REIT pulls plug on new Surabaya hospital after sinkhole damage
First REIT has terminated plans to develop a new hospital property in Surabaya. The plan was terminated after the development…
First REIT poised to lose rental support from sponsor and master lessees
Singapore-listed healthcare REIT, First REIT, looks set to lose the rental support it has been enjoying from its sponsor and…