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PLife REIT favoured for stable yield, defensive income structure and ample debt headroom

Samantha Chiew
Samantha Chiew4/30/2019 03:02 PM GMT+08  • 2 min read
PLife REIT favoured for stable yield, defensive income structure and ample debt headroom
SINGAPORE (Apr 30): ParkwayLife REIT (PLife REIT) on Apr 26 announced a DPU of 3.28 cents for 1Q19, 3.5% higher compared to the 3.17 cents DPU for 1Q18.
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SINGAPORE (Apr 30): ParkwayLife REIT (PLife REIT) on Apr 26 announced a DPU of 3.28 cents for 1Q19, 3.5% higher compared to the 3.17 cents DPU for 1Q18.


See: ParkwayLife REIT reports 3.5% rise in 1Q DPU to 3.28 cents

This was the result of a 3.5% rise in distributable income to $19.8 million mainly led by contribution from a Japan property -- Konosu Nursing Home Kyoseien -- acquired in 1Q18, rental growth of existing properties, and financing cost savings.

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