Key Highlights:
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First REIT (SGX: AW9U)'s 3Q19 remained flat at 2.15 cents
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The annualised yield and price to book ratio are 8.2% and 1.03 respectively
1. Dividends
Net property income dropped 1.5% to $28.8m. This was mainly due to the lower variable rental component for the Indonesian properties and the higher property operating expenses incurred by Sarang Hospital in South Korea and its Indonesia assets.
The annualised yield is 8.2%.