PLife REIT profit climbs 10% on Japan and France acquisitions

The higher nursing home income lifted Q3 performance and distributions.

Parkway Life Real Estate Investment Trust (PLife REIT) posted higher profit in Q3 2025, driven by new nursing home acquisitions in Japan and France and stable rental income from its Singapore hospitals, according to a company filing.

Net property income rose 8.1% year on year (YoY) to $110.7m, whilst distributable income increased by 10.4% to $75.4m. The trust declared a year-to-date distribution per unit of 11.56 cents, up 2.3% from the previous year.

PLife REIT completed the divestment of its Malaysia portfolio in August for $6.09m. The REIT maintained a gearing ratio of 35.8% with 86% of interest exposure hedged. It also secured a 7-year JPY loan to refinance part of its 2026 debt, extending its average debt maturity to 3.2 years.

Its portfolio now comprises 74 healthcare properties valued at $2.46b across Singapore, Japan, and France.

Follow the link for more news on

Parkway Life REIT

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia