First REIT to sell Singapore’s Lentor Residence for SGD 14.2 million

• First REIT agreed on November 13, 2026, to sell Singapore's Lentor Residence nursing home for approximately SGD 14.2 million.
• The unrelated buyer's purchase price compares with an appraised value of SGD 14.3 million as of December 31, 2025.
• Expected net proceeds of approximately SGD 13.9 million will fund general corporate and working capital requirements.
• The divestment supports an ongoing strategic review ahead of the property's lease expiry in June 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Real Estate Investment Trust published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: EA05AA8BDK2CZ648) on November 13, 2026, and is solely responsible for the information contained therein.