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Good quality assets for First REIT but master lease renewal overhang remains: Phillip

PC Lee
PC Lee • 4 min read
Good quality assets for First REIT but master lease renewal overhang remains: Phillip
SINGAPORE (Oct 9): First REIT is supported by tertiary hospitals that provide highly specialised consultative care and handle complex cases.
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SINGAPORE (Oct 9): First REIT is supported by tertiary hospitals that provide highly specialised consultative care and handle complex cases.

This means the hospitals have higher revenue intensity per patient and margins compared to primary and secondary care hospitals.

In addition, each of First REIT’s hospital has its own “centre of excellence”, which focuses on certains areas of medicine such as Neuroscience, Cardiology and Oncology.

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