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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

Published Thu, Oct 25, 2018 · 09:50 PM

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 yea…

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