First REIT

SINGAPORE (Apr 18): First REIT yesterday announced that its 1Q18 DPU increased marginally by 0.5% to 2.15 cents compared to 2.14 cents in 1Q17.

SINGAPORE (Jan 18): CIMB is reiterating its “hold” call on First REIT with a higher target price of $1.44 from $1.39 previously after its manager declared a FY17 distribution per unit (DPU) of 8.47 cents, in line with the research house’s expectatio

SINGAPORE (Dec 11): OCBC Investment Research is maintaining its “buy” call on First REIT with a  fair value estimate of $1.44, on expectations of an enlarged right of first refusal (ROFR) asset pool for accretive acquisitions.

SINGAPORE (Oct 24): First REIT posted a 0.9% increase in its 3Q17 DPU to 2.14 cents compared to 2.12 cents last year.

SINGAPORE (Oct 3): OCBC Investment Research is maintaining its “hold” call on healthcare-focused First REIT with a fair value estimate of $1.38, following the release of Singapore’s latest inflation figures.

SINGAPORE (Sept 5): The SGX All Healthcare Index has reported a price gain of 2.7%, outperforming MSCI AC Asia ex Japan Health Care Index’s 1.9%, in terms of SGD.

This article appears in Issue 784 (June 19) of The Edge Singapore which is on sale now

SINGAPORE (April 19): OCBC says a price of $1.25 and below would be a more favourable entry point for investors of First REIT as it awaits management to pursue accretive acquisitions during the remainder of the year, supported by its healthy gearing ratio

SINGAPORE (Jan 18): Here are some stocks that could move the market this Wednesday morning: The manager of CapitaLand Commercial Trust (CCT) has reported a distribution per unit (DPU) of 2.39 cents for the 4Q16 ended Dec. This translates into a 10.1% i

SINGAPORE (Jan 17): First REIT has reported a full year distribution per unit of 8.47 cents for FY16 to December, an increase of 2% from the 8.3 cents declared in FY15.