First REIT "2.0 Growth Strategy" Unveiled; Takes First Steps With Transformational Acquisition of 12 Japan Nursing Homes

News about First REIT —
Maiden entry into the Japan nursing home market through acquisition of 12 Japan Nursing Homes with agreed purchase price for the Japan Nursing Homes of JPY 24.2 billion; Strong Sponsor support enables a DPU accretive transaction on a pro forma basis.
...read more on firstreit.listedcompany.com
First REIT
Price0.275 SGD
NAV0.262 SGD
Yield (4 quarters)8.11%
Gearing41.4%