- First REIT published annual report for FY2025, highlighting an ongoing strategic review triggered by a preliminary non-binding approach from Siloam to acquire Indonesia hospital portfolio.
- Board appointed Citi to run a competitive price-discovery process, reaching out to more than 60 parties for interest in Indonesia assets.
- Portfolio remained fully occupied, supported by long leases, while currency weakness weighed on performance and portfolio valuation.
- First REIT completed divestment of Imperial Aryaduta Hotel & Country Club in December 2025, sharpening focus on core healthcare assets.
- Capital management focused on hedging foreign-currency cash flows, while refinancing extended maturity of SGD 300 million credit facilities to May 2027.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Real Estate Investment Trust published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: V8ZYLJV6UA0ODE6T) on March 31, 2026, and is solely responsible for the information contained therein.