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How Abenomics gave Parkway Life Reit a boost

It indirectly drove up nursing home demand, even as it caused the yen to slide, says CEO Yong Yean Chau.

Mr Yong - saying 'we are probably the most kiasu Reit in Singapore' - rejected 10 deals 'because of some financial engineering or fanciful structuring in the leases'.

ABENOMICS has given a fillip to Parkway Life Reit - which has 42 nursing homes in Japan - in more ways than one, according to the CEO of the real estate investment trust manager, Yong Yean Chau.

For instance, one of the three "arrows" proposed by Japanese Prime Minister Shinzo Abe in his