Unveiling First REIT 2.0: Our New Growth Strategy
1
Restructured
STABILISING PERFORMANCE
Successful Sponsor-led restructuring with strong YTD TSR (¹) of 51%
With the support of our Unitholders & Sponsor...
QUE
OUE LIPPO
Healthcare
Restructuring of Hospital Master Leases
Extension of Hospital Master Leases by 5.2 years
Sponsor Led S$158mm Recapitalisation of First REIT
... we have improved unit price and returns for
investors year-to-date
+51%
+36%
Total Returns (1)
Unit Price(2)
0.33
0.31
0.29
0.27
0.25
0.23
0.21
Leveraging on Sponsor Network for $$260mm Debt Refinancing
0.19
Jan-21
Mar-21
May-21
Jul-21
Sep-21
Nov-21
7
Source: FactSet (as of 30 November 2021)
(1)
Refers to Total Shareholder Returns; based on compound total return with dividends assumed to be reinvested on the exdate
(2)
Based on share price of S$0.214 as at 1 January 2021 and S$0.290 as at 30 November 2021
S$0.290
FIRST REIT
ASIA'S PREMIER HEALTHCARE TRUSTView entire presentation