The Business Times

First Reit

Companies & Markets

First Reit’s 9-month distributable income falls 6.1% to S$34.8 million

The Reit's Indonesian healthcare properties are operated by Siloam, a listed healthcare provider and subsidiary of PT Lippo Karawaci, First Reit's sponsor.
Companies & Markets

First Reit extends lease for Siloam Hospitals Lippo Cikarang for ‘revenue stability’

The property is a non-core legacy asset within the healthcare-focused Reit’s portfolio of 32 assets, and the manager had already previously identified it for disposal, said First Reit chief executive Victor Tan.
Companies & Markets

First Reit to divest Imperial Aryaduta Hotel & Country Club for 332.2 billion rupiah

First Reit was impacted by depreciating Rupiah and Japanese Yen.
Companies & Markets

First Reit reports lower H1 DPU of S$0.0113 on FX depreciation, enlarged unit base

First Reit on Tuesday posted a 3.3 per cent decline in distribution per unit to S$0.0058 for the first quarter ended Mar 31.
Companies & Markets

First Reit Q1 DPU dips 3.3% to S$0.0058 amid forex headwinds

First Reit’s newly acquired Japan nursing home – Hikari Heights Varus Kotoni, located near Sapporo city centre.
Companies & Markets

First Reit’s H2 DPU falls 6.5% to S$0.0116

Siloam is the existing operator and tenant of First Reit's Indonesia hospital assets.
Consumer & Healthcare

Siloam International Hospitals expresses intent to acquire First Reit’s Indonesia hospital portfolio

Hikari Heights Varus Kotoni, a Japanese nursing home in the Reit's portfolio.
Companies & Markets

First Reit’s Q3 DPU falls 6.5% to S$0.0058 as foreign currencies weaken against Singdollar, unit base grows

OUE Healthcare's chief executive and executive director Yet Kum Meng is bullish on the healthcare industry’s outlook, given the sector’s lower susceptibility to economic cycles and the non-discretionary nature of healthcare expenses.
Companies & Markets
TOPLINE

As demand grows, OUE Healthcare looks to beef up regional offerings

The distributable amount stands at S$25 million for the half-year period.
Companies & Markets

First Reit posts 3.2% lower H1 DPU at S$0.012

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