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Results
First REIT reports 9MFY2023 DPU of 1.86 cents, 6.1% lower y-o-y
The REIT’s 3QFY2023 DPU of 0.62 cents stood stable for the past two quarters. The DPU will be paid out on Dec 22.
November 01, 2023
Insider moves
First REIT’s independent director acquires 796,900 units at 21 cents each
Units in First REIT closed flat at 21.5 cents on Sept 19.
September 19, 2023
REITs Report 2023
First REIT’s strategic journey: balancing growth, stability and commitment to do good
Since its “2.0 Growth Strategy” announcement, the REIT has made good on its efforts to transform itself.
September 14, 2023
Broker's Calls
Lim & Tan keeps ‘buy’ call on First REIT as it sees it benefitting from Siloam’s strong performance
Lim & Tan's Chan En Jie has kept his target price at 30 cents.
August 04, 2023
Results
First REIT reports 1HFY2023 DPU of 1.24 cents, 6.1% down y-o-y
Unitholders will receive their DPUs on Sept 25.
August 01, 2023
Broker's Calls
Brokers' Digest: LREIT, Sin Heng Heavy Machinery, Venture Corp, Uni-Asia Group, First REIT, Centurion Corp, DFI Retail
See what the analysts have to say this week.
April 28, 2023
Results
First REIT 1QFY2023 DPU falls 6.1% with higher financing costs, strong Singdollar
The number of total issued and issuable units also grew 0.8% y-o-y to 2.068 billion.
April 25, 2023
Broker's Calls
OCBC Investment Research initiates 'buy' on First REIT, calls it a 'potential defensive addition'
“Based on our fair value, we expect First REIT to return an attractive distribution yield of 9.1% in FY2023,” says analyst Ada Lim
April 24, 2023
Broker's Calls
SAC Capital sees First REIT’s improved risk profile offering sustainable DPU
SAC Capital analyst Yeo Peng Joon has initiated coverage for the REIT with a ‘buy’ call and TP of 30 cents.
April 18, 2023
Results
First REIT reports FY2022 DPU of 2.64 cents, up 1.1%
The REIT’s 4QFY2022 DPU stood stable y-o-y and q-o-q at 0.66 cents.
February 13, 2023