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Parkway Life REIT (PLife REIT)
Broker's Calls
Brokers’ Digest: CDL, PropNex, PLife REIT, KIT, SingPost, Grand Banks Yachts, Nio, Frencken, ST Engineering, UOB
Here's what the analysts have to say about these counters this week.
3 hours ago
Broker's Calls
Citi Research has kept 'neutral' on Parkway Life's valuations after acquisition of 11 nursing homes in France
The REIT’s acquisition will be 100% funded by equity fund raising, representing in a “decent” about 2% DPU accretion, says Citi analyst Lee.
October 23, 2024
REITs
Parkway Life REIT announces first-ever private placement for French acquisition
For the first time since its IPO in 2007, Parkway Life REIT has announced an equity fund-raising of $180 million to acquire 11 nursing homes in France.
October 22, 2024
Company in the news
Briefs: Allianz to consider revisions to Income deal; FIH closes 4.5% down in first trading day; Thailand cuts rates
Briefs this week: Allianz to consider revisions to Income deal; FIH closes 4.5% down in first trading day; Parkway Life REIT's results; Thailand cuts rates
October 17, 2024
Broker's Calls
OCBC maintains ‘buy’ call, upgrades TP on Parkway Life REIT
OCBC analyst Ada Lim lifts her fair value estimate from $4.29 to $4.48.
October 03, 2024
Broker's Calls
Brokers’ Digest: SIA, Parkway Life REIT, Sheng Siong, Suntec REIT, CLAS, RMG, SIAEC, ThaiBev
See what the analysts have to say this week.
August 02, 2024
REITs
Parkway Life REIT acquires nursing home in Osaka for $20.7 mil
The acquisition is expected to be completed by the third quarter in 2024.
July 30, 2024
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.
July 30, 2024
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.
April 30, 2024
Insider moves
Cohen & Steers sells 399,900 Parkway Life units at $3.42 each via open market
The shares were sold via the open market on March 15.
March 20, 2024