Salient Features of Al-'Aqar Healthcare REIT

Purchase Consideration:

 

First Acquisition At RM 461.25 million, a 4.1 percent discount to total asset value of RM 481 million.
Second Acquisition At RM 170.04 million, a 5 percent discount to total asset value of RM 179.9 million.
Third Acquisition At RM 280.4 million, a 3.7 percent discount to total asset value of RM 295.8 million.
Forth Acquisition At RM 159.9 million at a market value.
Fifth Acquisition At RM 131.9 million, at a market value.

 

Distributable Income Up to 99 percent
Tenanted Area 100 percent
Distribution Per Unit Minimum 6.5 percent per annum
Rental Review Every 3-year
Lease Term 15 years renewable for another 15 years