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An update from First Real Estate Investment ( (SG:AW9U) ) is now available.
First Real Estate Investment Trust has revised its appointed valuer for the Siloam Sriwijaya property to Cushman & Wakefield VHS Pte Ltd. in conjunction with KJPP Firman, Suryantoro, Sugeng, Suzy, Hartomo & Rekan, replacing the previous strategic alliance with CBRE. This change in valuation management may impact the trust’s property assessment and could influence investor perceptions and trust operations due to differing valuation approaches by the new appointees.
More about First Real Estate Investment
First Real Estate Investment Trust, managed by First REIT Management Limited, operates in the real estate investment sector focusing on healthcare properties. The trust is constituted in Singapore and primarily invests in a diverse portfolio of income-producing real estate in Asia, with a focus on the healthcare sector.
YTD Price Performance: 6.84%
Average Trading Volume: 651
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $430.1M
See more insights into AW9U stock on TipRanks’ Stock Analysis page.
