For our Morning Stocks Analysis, the Seedly team worked closely with ShareInvestor.com, who is an expert in the field, to curate unbiased, non-sponsored content to add value back to our readers. Disclaimer: This is not a sponsored post. First REITs (SGX: AW9U) In the recent quarter, gross revenue rose 5.1 per cent to $29.24m, while net property income rose 5.4 per cent to S$28.94 million, lifted by contributions from recently acquired Siloam Hospitals Buton & Lippo Plaza Buton, Siloam Hospitals Yogjakarta (SHYG), as well as existing properties. First REIT has increased their distribution per unit (DPU) by 0.5 per cent year-on-year to 2.15 cents (payable on 29th November 2018), bringing 9M18 pay-out to 6.45 cents. A regional broker has upgraded First REIT to Buy (previously Hold) with TP of $1.36. Key upside catalysts include attractive valuations and potential accretive new acquisitions, while downside risks include possible overhang over Lippo Karawaci's remaining stake ......