Back 04 Dec 2025

First REIT Completes Divestment of Imperial Aryaduta Hotel & Country Club in Interested Person Transaction

Link: https://links.sgx.com/1.0.0/corporate-announcements/MIEPYS22PX6HCBRL/5146cad5ecd00cb4adee341ac5b67914daef4f6f0fd8020fa9ecf4c2d1b3a418

Summary:

  • First REIT completed the sale of Imperial Aryaduta Hotel & Country Club on December 4, 2025, through the divestment of 100% equity in property holding company PT Karya Sentra Sejahtera

  • Transaction structured as an interested person transaction, originally announced on October 17, 2025, with completion occurring approximately seven weeks later

  • Divestment executed through First REIT's wholly-owned subsidiaries selling the Indonesian hospitality asset

  • Deal represents continued portfolio optimization for the healthcare-focused REIT, marking exit from the Imperial Aryaduta hospitality property

  1. https://links.sgx.com/FileOpen/First_REIT_Completion_Divestment_of_IAHCC.ashx?App=Announcement&FileID=869072