Diversification is key as healthcare S-Reits adjust to end of pandemic: analysts

SINGAPORE-LISTED real estate investment trusts (S-Reits) with healthcare assets must diversify strategies to capture new growth pillars as the healthcare sector normalises and the world returns to a post-Covid “business as usual” situation, market watchers said.

The last two years have been good years for healthcare-related stocks in general. In the Singapore market, Parkway Life Reit (PLife Reit) has significantly outperformed most of its S-Reit peers.

While hospitality Reits dealt with the drying up of tourist dollars, retail Reits faced down empty malls and even office Reits worried about rental renewals as employees worked from home, Parkway Life enjoyed steady income over the pandemic period.