Parkway Life Real Estate Investment Trust (PLife REIT)

Parkway Life REIT 4Q DPU down 2.9% to 3.28 cents due to absence of divestment gain
SINGAPORE (Jan 28): The manager of Parkway Life Real Estate Investment Trust (PLife REIT), one of Asia’s largest listed healthcare REITs, announced Distribution per Unit (DPU) of 3.28 cents and 12.87 cents for the 4Q18 and FY18 ended Dec 2018 respectively. DPU for 4Q18 and FY18 declined y-o-y by 2.9% and 3.5% respectively, due to the absence of one-off distribution of divestment gain. ...
Parkway Life REIT declares 3Q DPU of 3.23 cents, down 4.1% on absence of one-off gain
SINGAPORE (Oct 25) The manager of Parkway Life Real Estate Investment Trust (PLife REIT) has announced a DPU of 3.23 cents for 3Q18 ended Sept. Due to the absence of the one-off distribution of divestment gain, there was a y-o-y decline in overall DPU of 4.1% in 3Q18. However, DPU from recurring operations increased by 2.7% from 3Q17. DPU for the nine months ended Sept 30 (YTD 3Q18) came in ...
Parkway Life REIT 4Q DPU grows 10.6% to 3.38 cents on divestment gains
SINGAPORE (Jan 26): The manager of Parkway Life REIT (PLife REIT) has announced a 4Q17 distribution per unit (DPU) of 3.38 cents, growing 10.6% on-year from a DPU of 3.06 in 4Q16 due to the one-off distribution of divestment gains. This brings total DPU for FY17 to 13.35 cents, up 10.2% from 12.12 cents in FY16. Gross revenue in 4Q declined by 0.7% to $27.5 million from $27.7 million ...
This REIT has one of the strongest earnings visibilities, says DBS
SINGAPORE (Nov 10): DBS is reiterating its “buy” call on Parkway Life Real Estate Investment Trust with a higher target price of $3.10. Parkway Life REIT yesterday announced that 3Q17 DPU increased 10.1% to 3.37 cents from 3.06 cents last year on divestment gains. See: Parkway Life REIT declares 3Q DPU of 3.37 cents, up 10.1% on divestment gains Excluding one-time divestment gains ...
Parkway Life REIT declares 3Q DPU of 3.37 cents, up 10.1% on divestment gains
SINGAPORE (Nov 9): The manager of Parkway Life Real Estate Investment Trust reported today a Distribution per Unit (DPU) of 3.37 cents for 3Q17, up 10.1% from 3.06 cents last year. Excluding the distribution of one-time divestment gains from the divestment of four Japan properties, DPU growth from recurring operations registered a steady increase of 2.8% for 3Q17. In addition, Parkway East ...
ParkwayLife REIT rides on regional demand for quality healthcare
SINGAPORE (July 26): Lim & Tan Securities likes ParkwayLife REIT (PLife REIT) for its long-term prospects, driven by rising demand for quality private healthcare in Asia Pacific given its fast-ageing population. PLife REIT reported a distribution per unit (DPU) of 3.32 cents in 2Q17, a 10.3% increase from the same period last year. See: Parkway Life REIT 2Q DPU rises 10.3% to 3.32 ...
Parkway Life REIT 2Q DPU rises 10.3% to 3.32 cents
SINGAPORE (July 25): Parkway Trust Management, as manager of Parkway Life Real Estate Investment Trust, has declared a DPU of 3.32 cents for 2Q17, representing a 10.3% increase over the DPU of 3.01 cents in 2Q16. This was supported divestment gains of $5.39 million from the asset recycling exercise completed in February, which are being distributed equally over the four quarters of the FY17 ...
Parkway Life REIT declares DPU of 3.06 cents
SINGAPORE (Jan 25): The manager of Parkway Life Real Estate Investment Trust (PLife REIT) announced lower DPUs of 3.06 cents and 12.12 cents for the 4Q16 and FY16 ended Dec on absence of a one-off gain. Excluding the one-off distribution of divestment gains arising from PLife REIT’s maiden divestment of seven Japan properties in December 2014, the DPU from recurring operations continued to ...