First Real Estate Investment Trust

DB:F1T Stock Report

Market Cap: €373.6m

First Real Estate Investment Trust Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Victor Tan

Chief executive officer

S$525.0k

Total compensation

CEO salary percentage74.00%
CEO tenure8yrs
CEO ownership0.01%
Management average tenure7.3yrs
Board average tenure6.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Victor Tan's remuneration changed compared to First Real Estate Investment Trust's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024S$525kS$389k

S$35m

Compensation vs Market: Victor's total compensation ($USD405.43K) is below average for companies of similar size in the German market ($USD871.08K).

Compensation vs Earnings: Insufficient data to compare Victor's compensation with company performance.


CEO

Victor Tan (57 yo)

8yrs
Tenure
S$525,000
Compensation

Mr. Kok Mian Tan, also known as Victor, has been the Executive Director of First REIT Management Limited, manager of First Real Estate Investment Trust since May 19, 2017 until 2024 and is its Chief Execut...


Leadership Team

NamePositionTenureCompensationOwnership
Kok Mian Tan
CEO & Executive Director of First REIT Management Limited8yrsS$525.00k0.012%
€ 44.9k
Chwee Ngor Ng
Chief Financial Officer of First REIT Management Limited7.3yrsno datano data
Seng Leong Chan
Senior Vice President of Asset & Investment Management of First REIT Management Limitedno datano datano data
Hua Yeow Chua
Company Secretary of First REIT Management Limited4.3yrsno datano data
7.3yrs
Average Tenure

Experienced Management: F1T's management team is seasoned and experienced (7.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kok Mian Tan
CEO & Executive Director of First REIT Management Limited8yrsS$525.00k0.012%
€ 44.9k
Christopher James Williams
Non-Independent Non-Executive Chairman of First REIT Management Limited6.6yrsS$100.00kno data
Pengee Chan
Lead Independent Director of First REIT Management Limited6.6yrsS$126.25kno data
Chuan Lye Tan
Independent Non-Executive Director of First REIT Management Limited8.1yrsS$81.25kno data
Martin Lechner
Independent Non-Executive Director of First REIT Management Limited7.3yrsS$68.75k0.14%
€ 534.0k
Ferris Charles Bye
Independent Non-Executive Director of First REIT Management Limited6.6yrsS$106.25kno data
Minny Riady
Non-Independent Non-Executive Director of First REIT Management Limited6.1yrsS$62.50kno data
6.6yrs
Average Tenure
62yo
Average Age

Experienced Board: F1T's board of directors are considered experienced (6.6 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/20 22:19
End of Day Share Price 2025/05/20 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

First Real Estate Investment Trust is covered by 9 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullBofA Global Research
Mun Yee LockCGS International
Wendy KohCitigroup Inc