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The latest update is out from First Real Estate Investment ( (SG:AW9U) ).
First Real Estate Investment Trust announced a decrease in rental and other income by 2.8% year-on-year for the first quarter of 2025, attributed to the depreciation of the Indonesian Rupiah and Japanese Yen against the Singapore Dollar. This led to a decline in the distributable amount and distribution per unit, reflecting the impact of foreign currency fluctuations and an enlarged unit base. Despite these challenges, the trust maintains a resilient capital structure with strong liquidity, ensuring stability in its operations.
More about First Real Estate Investment
First Real Estate Investment Trust is a Singapore-based trust that primarily focuses on healthcare-related real estate investments. It manages properties in Indonesia, Singapore, and Japan, aiming to provide stable returns to its investors through strategic asset management and capital structure optimization.
Average Trading Volume: 3,662
Technical Sentiment Signal: Hold
Current Market Cap: $408.8M
For a thorough assessment of AW9U stock, go to TipRanks’ Stock Analysis page.