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First REIT, listed on SGX-ST on December 2006, is Singapore’s first healthcare REIT. Its portfolio comprises hospitals, nursing homes, and healthcare-related properties across Asia.
Sep 3, 2022 · Listed since 2006, First REIT is Singapore’s first healthcare real estate investment trust. Its portfolio of 31 properties in three countries—Indonesia, Singapore, and Japan—covers the full scale of healthcare real estate that includes hospitals, nursing homes, and other healthcare-related facilities.
First Real Estate Investment Trust (“First REIT” or the “Trust”), is a healthcare real estate investment trust focused on investing in diverse yield-accretive healthcare and healthcare-related real estate assets within and outside of Asia.
Find the latest First Real Estate Investment Trust (AW9U.SI) stock quote, history, news and other vital information to help you with your stock trading and investing.
Positioned to capitalise on the growing demand for healthcare services in Asia, First REIT is a Singapore-based real estate investment trust which aims to invest in a diversified portfolio of income-producing real estate and/or related assets in Asia that are primarily used for healthcare and/or healthcare-related purposes.
1 day ago · First REIT restructured its master lease agreement with 14 of its 16 hospitals in Indonesia in Nov 2020. Under the new lease agreement, rentals are in IDR instead of S$. First REIT either receives a fixed 4.5% annual rent escalation, or a higher performance-based rental, equating to 8% of the hospital’s gross revenue from the previous year.
A 10-storey hospital building. One of the largest private hospitals in the region with a strong brand name for excellent patient care, world-class Neuroscience and Cardiology specialties and a first-rate Trauma Centre.
