Tuesday, January 11, 2011

First REIT - First Real Estate Inv Trust rated 'buy' by OCBC

Stock Name: First REIT
Company Name: FIRST REAL ESTATE INV TRUST
Research House: OCBC

OCBC Investment Research in a Jan 7 research report says: "First REIT (FREIT) owns ten healthcare-related properties across Indonesia and Singapore. With a well-defined acquisition strategy, FREIT has managed to complete the acquisitions of two Indonesian hospitals recently which we view as yield-accretive in nature.


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