First Reit
First Reit’s 9-month distributable income falls 6.1% to S$34.8 million
Its DPU for period is S$0.0165, a 7.3% decline from same period in the prior year
First Reit extends lease for Siloam Hospitals Lippo Cikarang for ‘revenue stability’
Manager believes it is prudent to continue to have in place a short-term lease in line with market terms while its strategic review continues
First Reit to divest Imperial Aryaduta Hotel & Country Club for 332.2 billion rupiah
Property is a non-core legacy asset within the healthcare-focused Reit’s portfolio that was already identified for disposal
First Reit reports lower H1 DPU of S$0.0113 on FX depreciation, enlarged unit base
Rental and other income for H1 2025 falls 2.9% to S$50.5 million from S$52 million
First Reit Q1 DPU dips 3.3% to S$0.0058 amid forex headwinds
Distributable income slips 2.2% to S$12.2 million
First Reit’s H2 DPU falls 6.5% to S$0.0116
Distributable income for the second half declines to S$24.3 million – a 6.4% decrease from the corresponding period a year before
Siloam International Hospitals expresses intent to acquire First Reit’s Indonesia hospital portfolio
The private healthcare player operates the trust’s healthcare properties in the country
First Reit’s Q3 DPU falls 6.5% to S$0.0058 as foreign currencies weaken against Singdollar, unit base grows
Its manager also flags outstanding rent payments
As demand grows, OUE Healthcare looks to beef up regional offerings
The Catalist-listed healthcare group also sees opportunity in China’s premium private healthcare market
First Reit posts 3.2% lower H1 DPU at S$0.012
The manager attributes the drop in the distributable amount to the depreciation of the yen and rupiah against the Singapore dollar
