• First REIT posted 1H 2026 DPU of 0.98 Singapore cents, down 13.3% year over year; 2Q DPU slipped 4% quarter over quarter to 0.48 cents.
• Rental and Other Income fell 8.3% from a year earlier to S$46.3 million; Net Property and Other Income dropped 8.1% to S$45 million.
• Distributable Amount declined 12.5% year over year to S$20.8 million on currency depreciation, partly offset by lower finance costs.
• Finance costs decreased S$1.4 million to S$9.5 million; realised exchange losses were S$1.7 million, largely tied to remittances from Indonesia and Japan.
• Unitholders backed divestments valued at S$471.5 million; management said the deals aim to reduce IDR/SGD volatility drag and support sustainable returns.

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: BNRQ646ZT8Q8UNRD) on July 29, 2026, and is solely responsible for the information contained therein.