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.
PLife REIT H1 DPU rises 14.6% on higher SG hospital contributions
PLife REIT H1 DPU rises 14.6% on higher SG hospital contributions
However, NPI dipped 2% on yen weakness and a tenant exit in Japan.
PLife REIT sells Japan nursing home for $9.4m
The disposal locks in a 38% gain over its 2008 purchase price.
PLife REIT Q1 DPU rises 15.1% on higher SG hospital rents
However, gross revenue fell 2.1% due to yen depreciation and Japan nursing home exits.
DBS’ $72m loan to PLife REIT to finance elder care in Japan
The loan follows the REIT’s Sustainable Finance Framework.
PLife REIT unveils framework to fund green and social projects
Sustainable finance proceeds will go toward projects in Singapore, Japan, and Europe.
Plife REIT posts 2.5% FY2025 DPU growth amidst 8% NPI climb
Distributable income rose 9.1% YoY to $99.8m.
PLife REIT profit climbs 10% on Japan and France acquisitions
The higher nursing home income lifted Q3 performance and distributions.
S-REITs a good defensive play on renewed US-China tensions
They have stable cash flows and will benefit from upcoming rate cuts.
Here are the five stocks that may benefit from MAS’ $5b EQDP
Macquarie Equity Research expects the EQDP to be implemented in Q3 2025.
Parkway Life REIT inches up DPU by 1% in FY 2024
Revenue for the period stood at $145.3m.
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 dips 2.1% in Q3 on yen depreciation
Its gross revenue also fell.
Parkway Life REIT acquires Osaka nursing home for $20.7m
The REIT will complete the acquisition by Q3.
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.
Yen depreciation hurts Parkway Life REIT's quarterly net property income
NPI for the period was down 2.8% YoY.
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.
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