Plife REIT posts 2.5% FY2025 DPU growth amidst 8% NPI climb
Distributable income rose 9.1% YoY to $99.8m.
Parkway Life Real Estate Investment Trust reported a distribution per unit (DPU) of 15.29 cents for the full year ended 31 December 2025 (FY2025), up 2.5% year-on-year (YoY) due to an enlarged unit base.
The DPU increase reflected the REIT’s diversified healthcare portfolio, disciplined capital management and long-term lease structures, even as distributable income rose 9.1% to $99.8m, according to a press release.
Gross revenue increased 7.6% YoY to $156.3m, whilst net property income (NPI) climbed 8% to $147.5m in FY2025.
Annualised distribution yield stood at 3.75%, based on a closing unit price of $4.08 as of 31 December 2025.
For the second half of 2025, DPU came in at 7.64 cents, up 3.5%. Second-half distributable income rose 8.8% to $49.9m, whilst NPI increased 7.9% to $73.6m.
As of the end of December, the REIT’s portfolio was valued at $2.57b.
Revenue from the Singapore hospital portfolio remained stable under long-term master leases with built-in escalation.