by: Tam Ging Wien
All examples and stocks quoted here in this article and on the ProButterflyTM and REITScreenerTM site are for learning purposes; it does NOT constitute financial advice or a Buy/Sell recommendation. Contents are reflective of personal views and readers are responsible for their own investments and are advised to perform their own independent due diligence and take into account their own financial situation. If in any doubt about the investment action you should take, you should consult a professional certified financial advisor.
First REIT – a Singapore listed Real Estate Investment Trust that is mandated to invest in healthcare assets such as hospitals and nursing homes around the region; experienced one of the most dramatic plunges in REIT share price ever witnessed in recent years. This sort of share price movements are unusual among Singapore listed REITs and certainly generated a flurry of questions, comments, uncertainties and doubts in the market.
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