FIRST REIT stock registered a strong 4% increase in stock price performance last week, closing on 23 Aug 13 at $1.04, 4 cent more than the closing price of $1 on 22 Aug 13. There has been some sell-down or sorts of Indonesian stocks over doubts on the Indonesian economy. Voyage Research (formerly SIAS Research) has a “Buy” call on FIRST REIT stock in its July report, with a fair value price at $1.485. FIRST REIT has a book value of approximately $0.85 and has 14 properties across 3 countries: 10 in Indonesia, 3 in Singapore and 1 in South Korea. What I like about FIRST REIT are the attractive plans of the stocks with 3 Acquisition Enhancement Plans (AEPs) for 3 of its current properties and the possible addition of more properties to its portfolio stable by PT Lippo Karawaci Tbk, First REIT’s Sponsor as currently …