Divestment of Sarang Hospital and Entire Shareholding Interest in Kalmore (Korea) Limited

News about First REIT
The Property is a six-storey hospital with one basement level located in Yeosu City, South Korea, and is one of the largest rehabilitation treatment and nursing healthcare facilities in Yeosu City, with land area of 2,142 square metres and gross floor area of 4,982 square metres. The Property is First REIT’s only property located in South Korea.
...read more on firstreit.listedcompany.com
First REIT
Price0.245 SGD
NAV0.250 SGD
Yield (4 quarters)8.86%
Gearing42.1%