Shares & Derivatives
First REIT Review @ 15 November 2022
By REIT-TIREMENT  •  November 15, 2022
Basic Profile & Key Statistics
  • Main Sector(s): Healthcare & Hospitality
  • Country(s) with Assets: Indonesia, Singapore & Japan
  • of Properties (exclude development/associate/fund): 31
Key Indicators Performance Highlight Advertisements Gross rental income, NPI and the distributable amount increased yoy mainly due to the contribution from 12 Japan Nursing Homes acquired on 1 March 2022 as well as the recognition of the Financial Reporting Standards (“FRS”) 116 rental straight lining adjustments for FY2022. Acquisition FIRST REIT has completed the acquisition of 2 Japan nursing homes on 27 Sep and 29 Sep 2022. Divestment The divestment of Siloam Hospitals Surabaya was completed in 29 Sep while IAHCC is being marketed for divestment. Related Parties Shareholding
  • REIT sponsor's shareholding: Above median for more than 20%
  • REIT manager's shareholding: Above median for more than 20%
  • Directors of REIT manager's shareholding: Above median for more than 20%
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By REIT-TIREMENT
I am Vince and welcome to my blog. I started this blog on 1st January 2019. Since the start of my investment journey, I have been fond of REITs because of its dividends. REITs allowed you to become a property landlord and get rental income without having to fork out large sum of initial capital, look out for tenant as well as manage the properties ...
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