Parkway Life Reit Q3 DPU falls 4.1% to 3.23 cents
Healthcare Reit attributes the dip to the absence of a one-off divestment gain a year ago
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Singapore
HEALTHCARE-FOCUSED real estate investment trust (Reit) Parkway Life Reit (PLife Reit) announced a distribution per unit of 3.23 Singapore cents for its third fiscal quarter, down 4.1 per cent from the year-ago period.
The Reit, one of Asia's largest listed healthcare Reits by asset size, attributed the dip to the absence of a one-off divestment gain a year ago, which was the divestment of four Japan properties in December 2016.
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