Parkway Life REIT

Parkway Life REIT ("PLife REIT") is one of Asia's largest listed healthcare REITs. It invests in income-producing real estate and real estate-related assets used primarily for healthcare and healthcare-related purposes. 

See below for the Latest Grab News, Analysis, Profit Results, Share Price Information, and Commentary.

Parkway Life REIT raises $180m in oversubscribed private placement

It will use part of the proceeds to fund the acquisition of 11 nursing homes in Europe.

Parkway Life REIT to acquire 11 nursing homes in Europe for $159.9m

The REIT expects to complete the acquisition by Q4 2024.

Parkway Life REIT's NPI falls 2.5% YoY to $68.4m in H1 2024

Despite lower NPI, the REIT declared a 3.5% YoY higher DPU.

Parkway Life REIT’s net property income climbs 14.1% to $139.1m in FY23

With improvement in NPI, the REIT recorded a 2.7% YoY higher DPU.

Parkway Life Reit DPU up 2.8% in YTD 2023

The company's gross revenue recorded 24.6% growth due to higher hospital rents.

Parkway Life REIT acquires two nursing homes in Osaka for $16.4m

The REIT will acquire the property at approximately 11.9% below valuation.

PLife REIT NPI up 25.1% YoY to $70.1m in H1

Its gross revenue rose by 23.6% YoY to $74.4m.

Parkway Life REIT’s NPI up 23.5% YoY in Q1

The real estate firm’s net property income (NPI) grew to $35.2m.

Parkway Life Reit prices 2 senior unsecured fixed rate notes

The notes are under the $500m multi-currency debt issuance programme.

Revival of foreign patients to uplift Parkway REIT’s hospitals: analyst

Foreign patients accounted for 25% of hospitals’ revenue.

Parkway Life Reit acquires 2 Japan nursing homes for $29.4m

The transaction initiates a new collaboration with Daiwa House.

Parkway Life REIT's net income rises 1.1% to $56.0m in H122

The increase was driven by higher rents from its Singapore properties.