Singapore Stock Market News
First REIT - All the right mix
StockFanatic
Publish date: Mon, 16 Mar 2015, 10:29 AM
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Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
Indonesia healthcare expenditure is predicted to grow at CAGR of 14.9% between 2012-2018, and FIRT offers direct exposure to the growth of its healthcare infrastructure. FIRT's key differentiating factor lies in its strong acquisition pipeline and inorganic growth, consisting of 9 completed assets and another 30 under development. We initiate coverage on FIRT with an Add rating and DDM-based target price of S$1.48 (discount rate 7.8%).
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