During my last posting on First REIT, I have mentioned the shocking analysis by Phillip Securities Research team that there is a potential 80% rental income gap once Lippo Karawaci exit itself from the upcoming lease renewal exercise of the first batch of expiring hospitals and leave negotiation to between First REIT and Siloam group. I have written an email to the Investor Relation team of First REIT to seek further clarifications on the assertions that were being made by the analyst. This morning, I received a return call from First REIT Investor Relation officer. I must say that they are very professional and prompt in their response. This actually speaks volume of the type of good management philosophy and values of the First REIT team lead by their CEO, Victor Tan. The below are the key highlights of my discussion with the Investor Relation Officer of First REIT...
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