CGS-CIMB Research analysts Lock Mun Yee and Eing Kar Mei have maintained their “hold” rating on Parkway Life REIT (PLife REIT) after the REIT posted its results for the 4QFY2020 ended December.

See: Parkway Life REIT reports 6.7% higher 4Q DPU of 3.57 cents, bringing FY2020 DPU to 13.79 cents

PLife REIT, on Jan 25, posted 4QFY2020 distribution per unit (DPU) of 3.57 cents and FY2020 DPU of 13.79 cents, which came in slightly above the analysts’ expectations at 26.6% and 102.6% of their 4QFY2020 and FY2020 forecasts respectively.

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