Parkway Life Real Estate Investment Trust (PLife REIT)

Broker's Calls

CGS-CIMB maintains ‘hold’ call on Parkway Life REIT despite strong income visibility

It has been a strong quarter for Parkway Life REIT (PREIT), which recorded a 4.9% and 5.3% y-o-y increase in 2Q20 gross revenue and net property income (NPI) respectively.

Results

Parkway Life REIT reports 2.5% higher 2Q20 DPU of 3.36 cents

The manager of Parkway Life Real Estate Investment Trust (PLife REIT) reported a distribution per unit (DPU) of 3.36 cents for 2Q20 ended June, 2.5% higher than the 3.27 cents in 2Q19.

Broker's Calls

Parkway Life REIT favoured for ‘commendable' 1Q DPU growth: CGS-CIMB

SINGAPORE (Apr 24): CGS-CIMB Research has maintained its “hold” rating with an unchanged target price of $3.38 for Parkway Life REIT (PLife REIT).

Results

PLife REIT posts 1.4% increase in 1Q DPU to 3.32 cents despite Covid-19 outbreak

SINGAPORE (Apr 22): The manager of Parkway Life Real Estate Investment Trust (PLife REIT) has announced distribution per unit (DPU) of 3.32 cents for the 1QFY2020 ended March, some 1.4% higher than

M&A

Parkway Life REIT to acquire 3 nursing rehabilitation facilities in Japan for $46.3 mil

SINGAPORE (Dec 3): Parkway Life Real Estate Investment Trust (PLife REIT) is acquiring three nursing rehabilitation facilities in Japan for a total consideration of 3.7 billion yen ($46.3 million),

Results

PLife REIT declares 2.6% higher 2Q DPU of 3.27 cents

SINGAPORE (July 31): The manager of Parkway Life Real Estate Investment Trust (PLife REIT) reported a Distribution per Unit (DPU) of 3.27 cents for 2Q19 ended June, which represented an increase of

Results

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.

Results

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.

Results

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

Broker's Calls

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.

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