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’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.

REITs: Top 10 outperformers for first half of May

The normalisation in Singapore has bode well for REITs in the retail sector.