Thursday 22 October 2015

First REIT - Phillip Securities 2015-10-22: First Asset Enhancement Initiative with Lippo Karawaci

First REIT - Phillip Securities 2015-10-22: First Asset Enhancement Initiative with Lippo KarawaciFIRST REAL ESTATE INV TRUST FIRST REIT AW9U.SI 

First REIT - First Asset Enhancement Initiative with Lippo Karawaci

  • First REIT announced an asset swap deal with PT Lippo Karawaci Tbk (LPKR), First REIT’s sponsor, in relation to Siloam Hospital Surabaya yesterday morning. This deal marks the first asset enhancement initiative First REIT has conducted and aptly so, to the oldest hospital (established 1977) in its portfolio. 
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