First REIT
Latest Result: 1Q 2026
Sector Breakdown
Geographical Breakdown
Basic Profile
| Stock Code | AW9U |
| Listing Date | 11-Dec-06 |
| Entity Type | REIT |
| Payout Frequency | Quarterly |
| Fiscal Year End | 31-Dec |
| Sponsor | OUE Limited and OUE Healthcare Limited |
Key Statistics Stats as at: 2026-07-15
Current Price
S$0.23
Market Cap
S$0.529B
Price / NAV
0.92x
Div Yield (TTM)
9.64%
52 Week Range
52W Low
52W High
Financial Performance
Financial Performance
Gross Revenue$23.2M (QoQ -7.3%)
Net Property Income$22.5M (QoQ -6.4%)
NPI Margin97.0% (QoQ +1.0%)
Distributable Income$12.06M (QoQ -3.1%)
DPU0.5 cents (QoQ -3.8%)
Portfolio Stats
AUMS$1.01B
No. Properties31
Property Yield8.92% (QoQ -5.1%)
Rental Reversion--
Capital Structure
Debt Metrics
Interest Cover
4.4x (QoQ +18.9%)
Avg Debt Term
1.7 years
Gearing Ratio
44.6% (QoQ +5.9%)
Cost of Debt
3.9% (QoQ -13.3%)
Fixed Rate Debt
44.2%
Highest Annual Debt Maturity
76.99%
Lease Expiry
WALE (by GRI)
9.7 years (QoQ -3.0%)
Committed Occupancy
100.0% (QoQ +0.0%)
Income in SGD/Major Currencies
19.0%
Highest Annual Lease Expiry
9.4%
Sponsor & Manager Shareholding
REIT Sponsor
43.188%
REIT Manager
11.138%
Directors of Manager
0.154%
Management Fees
Base Fee
10% p.a. of Distributable Income
Performance Fee
5.0% p.a. of NPI
Historical Trends