First Real Estate Investment Trust (First REIT or the Trust), is a healthcare real estate investment trust focused on investing in income producing real estate properties which are primarily used for healthcare and healthcare related purposes. First REIT is managed by First REIT Management Limited (the Manager), which is headquartered in Singapore. The Manager is 40% directly held by OUE Healthcare Limited and 60% directly held by OUE Limited, who together are its Sponsors. As at 31 December 2025, the Trust has a portfolio of 31 properties across Asia, with a total asset value of S1.02 billion dollars. These include 14 properties in Indonesia comprising 11 hospitals, 2 integrated hospitals & malls and an integrated hospital & hotel; 3 nursing homes in Singapore; and 14 nursing homes in Japan. The Trust's healthcare properties in Indonesia are operated by PT Siloam International Hospitals Tbk while healthcare properties in Singapore and Japan are operated by well-established third-party operators. First Real Estate Investment Trust was established on October 19, 2006 and incorporated in 2006 in Singapore.
Research context
First Real Estate Investment Tr appears in PyInvesting’s Singapore Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- SGD
- Sector
- Real Estate
- Industry
- REIT - Healthcare Facilities
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5 years, 6 months ago
First Real Estate Investment Trust is currently in a long term downtrend where the price is trading 9.4% below its 200 day moving average.
From a valuation standpoint, the stock is 77.6% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 2.1.
First Real Estate Investment Trust's total revenue rose by 42.1% to $41M since the same quarter in the previous year.
Its net income has dropped by 13782.2% to $-365M since the same quarter in the previous year.
Finally, its free cash flow fell by 50.4% to $12M since the same quarter in the previous year.
Based on the above factors, First Real Estate Investment Trust gets an overall score of 2/5.