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Bowsprit Capital Corporation

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First REIT posts unchanged 1Q DPU of 2.15 cents on the back of stable distributable income

SINGAPORE (Apr 10): Bowsprit Capital Corporation, the manager of First Real Estate Investment Trust (First REIT), reported a distribution per unit (DPU) of 2.15 cents for the 1Q19 ended March, unchanged from a year ago.

M&A

OUE Lippo Healthcare to acquire stakes in First REIT, manager for $142 mil; to be funded via rights issue

SINGAPORE (Sept 18): OUE Lippo Healthcare (OUELH), the healthcare subsidiary of OUE, announced Tuesday it plans to acquire stakes in SGX-listed First Real Estate Investment Trust (First REIT) as well as its manager, Bowsprit Capital Corporation, for a tot
From press release

M&A

First REIT acquires hospital cum retail mall on Indonesian island

SINGAPORE (July 21): First Real Estate Investment Trust (First REIT) – managed by Bowsprit Capital Corporation – today announced that its subsidiary, SHButon Investment I, has entered into a conditional sale and purchase agreement with PT Andromeda Sa
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