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Siloam Hospitals Buton

Broker's Calls

Should unitholders expect more acquisitions to push First REIT's FY18 DPU up?

SINGAPORE (Apr 19): OCBC Investment Research is maintaining its “buy” call on First REIT with an unchanged fair value estimate of $1.48, on expectations of more DPU-accretive acquisitions in the year ahead to further boost its unit price.
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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