Business Description
First Real Estate Investment Trust (First REIT) owns and operates a portfolio of 31 healthcare properties across Indonesia, Singapore, and Japan, with a combined asset value of approximately $1.02 billion as of December 31, 2025. Its holdings include hospitals and integrated facilities in Indonesia, along with nursing homes in both Singapore and Japan. The trust is managed by First REIT Management Limited, a Singapore-based firm jointly backed by OUE Healthcare Limited and OUE Limited. Originally established in Singapore in October 2006, First REIT continues to generate income by leasing its properties to experienced healthcare operators throughout the region.