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nursing home
REITs
Parkway Life REIT acquires a nursing home in Japan for JPY 3.2 billion
The acquisition will be made at around 7.0% below valuation and is expected to generate a net property yield of 5.9%.
December 10, 2021
M&A
Parkway Life REIT acquires nursing facility in Japan for $17.8 mil in sale and leaseback deal
SINGAPORE (Feb 7): The manager of Parkway Life REIT (PLife REIT) is acquiring Konosu Nursing Home Kyoseien, a nursing rehabilitation facility in Japan, from operator Iryouhoujin Shadan Kouaikai for 1.5 billion yen ($17.8 million) under a sale and leasebac
February 07, 2018
M&A
SPH acquires nursing home operator Orange Valley for $164 mil
SINGAPORE (April 25): Singapore Press Holdings (SPH) today announced its acquisition of Orange Valley Healthcare (OV), the operator of nursing homes and ancillary services, for about $164 million from private equity firm KV Asia Capital.
April 25, 2017
GK Goh plans nursing home development at Upper Thomson Road
SINGAPORE (Oct 25): GK Goh Holdings has plans to build a nursing home near at Venus Road, near Upper Thomson Road.
October 25, 2016
Here are some of Singaporeans’ biggest concerns about ageing
SINGAPORE (Oct 18): The majority of Singaporeans between the ages of 30 and 75 are concerned about ageing, according to a research study led by the Lien Foundation and NTUC Income.
October 19, 2016