News about First REIT —
Siloam International Hospitals, which rents and operates the Indonesian hospital properties owned by First REIT, has sent a non-biding Letter Of Intent to purchase the assets:
"Through the strategic review, the board is committed to undertaking a rigorous process to consider all options relating to the business of First REIT, which may include but are not limited to, exploration of joint ventures, strategic partnerships, asset acquisitions and/or asset divestments, with a view to delivering sustainable long-term value for First REIT’s unitholders," says First REIT.