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.
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Parkway Life REIT acquires Osaka nursing home for $20.7m
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.
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.
Parkway Life REIT priced 7-year fixed rate notes at $33m
The notes are due in 2030.
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.
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