Parkway Life REIT

Parkway Life REIT reports 2HFY2023 DPU of 7.48 cents, up 2.1% - THE EDGE SINGAPORE

Results

Parkway Life REIT reports 2HFY2023 DPU of 7.48 cents, up 2.1%

This brings its full-year distribution to 14.77 cents per unit, up 2.7%
Proxies to an ageing Asia  - THE EDGE SINGAPORE

Future of the economy

Proxies to an ageing Asia

The two main Singapore proxies to an ageing Asia are ParkwayLife REIT and First REIT

Broker's Calls

Parkway Life REIT appeals to risk-averse investors, UOB Kay Hian upgrades to 'buy' with higher TP

PLife REIT appeals with defensive strength and long WALE of 17 years.
IHH CEO Kelvin Loh resigns - THE EDGE SINGAPORE

Company in the news

IHH CEO Kelvin Loh resigns

The 49-year-old started in this role on Jan 2020
Parkway Life REIT a rare jewel amongst SREITs: DBS - THE EDGE SINGAPORE

Broker's Calls

Parkway Life REIT a rare jewel amongst S-REITs: DBS

The analysts highlight that the REIT’s management is looking into building a third pillar for its next growth phase.

Broker's Calls

Analysts maintain 'hold' on Parkway Life REIT following resilient 2HFY2022 results

With its triple-net lease structure, PLife REIT is shielded from higher inflation-related expenses.
 - THE EDGE SINGAPORE

Billion Dollar Club 2022

Frasers Logistics & Commercial Trust tops REIT sector; Parkway Life REIT and Mapletree Industrial Trust win too

The value of the assets under the REIT has increased threefold over a five-year period, from $1.6 billion at IPO to $7.3 billion

Billion Dollar Club 2022

Parkway Life REIT builds up consistent DPU growth record by keeping stakeholders aligned

PLife REIT has asked unitholders for more capital. Yet, it has managed to increase both DPU and NAV

Results

Parkway Life REIT reports 0.1% y-o-y increase in 9MFY2022 NPI of $82.8 mil

The REIT’s net asset value (NAV) per unit stood at $2.38 as at Sept 30.

Global Markets

By not being a slave to ideology, Singapore roars back in business with sense and sensibility

Singapore's ideology is neither left, nor right, but by being pragmatic to the point of being boring.
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