Tuesday, December 1, 2015

First Reit to acquire stake in Indonesian hospital and mall for S$70m

First Reit to acquire stake in Indonesian hospital and mall for S$70m

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BOWSPRIT Capital Corporation Limited, the manager of First Real Estate Investment Trust (Reit), on Thursday said the trust has agreed with unrelated parties to buy PT Nusa Bahana Niaga's stake in Siloam Hospitals Kupang and Lippo Plaza Kupang for S$70 million.

http://www.businesstimes.com.sg/companies-markets/first-reit-to-acquire-stake-in-indonesian-hospital-and-mall-for-s70m

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