Al-'Aqar Healthcare REIT announced the Principal Lease Agreements to lease the Properties to KPJ Group were entered into on 30 June 2006. The initial 15-year contractual lease period under the Principal Lease Agreements will expire on 29 June 2021. As such, ART as the trustee of Al-`Aqar proposes to enter into the Lease Agreements with the respective Subsidiaries to renew the lease of the Properties. In addition to the hospitals mentioned above, Al-`Aqar has 17 other properties which include, 11 hospitals, 3 wellness/health centres, 2 colleges and 1 aged care & retirement village as disclosed below. Al-`Aqar intends to renew the respective leases of the 17 properties as and when the respective leases expire.