First REIT redeems $33.25m subordinated perpetual securities

Securities cancelled following full redemption

First Real Estate Investment Trust (First REIT) has redeemed all $33.25m fixed rate subordinated perpetual securities in Series 002 as at 8 January 2026.

The securities were issued by Perpetual (Asia) Limited in its capacity as trustee of First REIT and were constituted under the trust deed dated 11 April 2013 and subsequent amendments, novations and supplemental deeds.

Following the full redemption, the issuer will cancel the securities, bringing the programme to a close with no remaining outstanding notes.

The issuer did not disclose any additional financial or operational impact arising from the redemption and cancellation.

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