09-11-2010, 10:47 AM
Major annoucement today.
First REIT annouces the acquisition of two properties in Indonesia. Will finance the acquisition via a 5 for 4 Rights Issue and the remainder through a loan facility with OCBC.
More thoughts to follow later.
Annoucement
Presentation
sreitinvestor has a post on the major points of the acquisition here
First REIT annouces the acquisition of two properties in Indonesia. Will finance the acquisition via a 5 for 4 Rights Issue and the remainder through a loan facility with OCBC.
More thoughts to follow later.
Annoucement
Presentation
sreitinvestor has a post on the major points of the acquisition here