Property Marketing and Sales Review

Rental Payment to REITS Rp Bn 600 500 400 300 200 100 511 442 COLIPPO PT LIPPO KARAWACI TOK Successful renegotiation of rental lease with FREIT and LPKR is expected to bring in Rp325bn in savings from adjustments to rents. Fixed base rate increase of 4.5% per annum, and variable rate mechanism of the higher of base rate or 8% of hospital's GOR. Key changes include a shift in currency denomination from S$ to Rp, thereby removing currency exchange risk. Starting from Mar21, Siloam pays its portion for rent directly to First REIT. 390 372 335 332 322 315 304 290 280 274 265 263 256 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 40

View entire presentation