First REIT owns a chain of hospitals in Indonesia and they are paying a high dividend yield. However, their master lease is expiring in 2021 and its parent, Lippo Karawaci, is running into some financial trouble. What are the risks of First REIT and are they a safe buy?
Markets
Reasons for Divesting First REIT
After the release of Q2 2019 results, my intuition just nudged me to sell off First REIT. Don’t get me wrong, the fundamental results are okay, but it is not really a well-performing REIT. Things […]
