新闻
First REIT: Progresses Strategic Review To Deliver Sustainable Value Creation.
01 Apr 2026 08:03Proposed Divestments for a consideration of S$471.5 million, representing a 2.1% premium to valuation, along with Potential Put Option Divestments, to eliminate IDR/SGD foreign currency volatility and income drag. Two-tranche divestment of all assets in Indonesia to prioritise DPU stability while recycling capital from non-core and non-healthcare assets, and assets with rental arrears. Aggregate leverage will significantly reduce to 16.7%, providing pro forma annual interest cost savings of S$18.8 million, optimising capital structure to position for growth...
More information available here.
Source: ShareInvestor Express
