Parkway Life REIT

Broker's Calls

DBS raises target price for Parkway Life REIT to $4.80

DBS estimates Parkway Life REIT's DPU can increase by 20% in FY2026

Broker's Calls

Broker's Digest: Keppel DC REIT, Parkway Life REIT, PropNex

See what the analysts say this week.
Parkway Life REIT ‘outperformed' S-REITs ytd, but need accretive acquisitions to be re-rated: CGSI and Citi analysts - THE EDGE SINGAPORE

Broker's Calls

Parkway Life REIT ‘outperformed' S-REITs ytd, but need accretive acquisitions to be re-rated: CGSI and Citi analysts

CGSI has reiterated its “add” call with an unchanged TP of $4.91, while Citi kept its “neutral” rating with a TP of $3.61.
Parkway Life REIT 3QFY2024 gross revenue falls 2.2% y-o-y, DPU up 2.8%  - THE EDGE SINGAPORE

Results

Parkway Life REIT 3QFY2024 gross revenue falls 2.2% y-o-y, DPU up 2.8%

Net property income for the quarter is 2.1% lower y-o-y, at $102.4 million.

Broker's Calls

Analysts mostly positive on Parkway Life REIT after DPU growth in 1HFY2024

CGSI, DBS and OCBC have kept their "buy" calls while Citi has kept its "neutral" call on the REIT.

Results

Parkway Life REIT reports 1HFY2024 DPU of 7.54 cents, up 3.5% y-o-y

Gross revenue decreased by 2.7% y-o-y to $72.4 million due mainly to the depreciation of Japanese yen.

Results

Parkway Life REIT 1QFY2024 gross revenue falls 2.7% y-o-y, DPU up 4.0%

As the REIT makes distribution on a semi-annual basis, the DPU will form part of the 1HFY2024 distribution next quarter.

Broker's Calls

Parkway Life REIT a 'rare jewel' among S-REIT, says DBS

Its interest cost remains among the lowest among S-REITs
UOB Kay Hian raises Parkway Life REIT's target price to $5.07 - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian raises Parkway Life REIT's target price to $5.07

For its 2HFY2023, Parkway Life REIT reported a distribution per unit of 7.48 cents, up 2.1% y-o-y

Broker's Calls

OCBC likes PLife REIT for stable, defensive portfolio and consistent DPU growth

PLife REIT is now at an 'attractive entry point' for income investors
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