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parkway life reit

Reits & Property

Parkway Life Reit Q1 DPU up 15.1% at S$0.0442 on higher Singapore hospital rents

Revenue falls 2.1% to S$38.2 million, dragging net property income down 2.7% to S$35.8 million

Harita Nickel’s emissions have been increasing since 2022 while its share of renewable power has been falling.
ESG Insights
ESG INSIGHTS

Issue 184: OCBC hit by coal complaint; Parkway Life Reit secures green, social debt

This week in ESG: Bank under fire for loans to Harita Nickel; healthcare-focused Reit adds S$142 million of sustainable financing

The social loan and green bond fall under Parkway Life Reit's new sustainable financing framework.
Companies & Markets

Parkway Life Reit secures 8.8 billion yen social loan from DBS, issues S$70 million green bond

The 10-year social loan is the first such facility the bank extends to the healthcare sector

Parkway Life Reit's Singapore portfolio includes Gleneagles Hospital (above).
Companies & Markets

Nursing home additions lift Parkway Life Reit’s H2 DPU by 3.5% to S$0.0764

The Singapore hospital portfolio also saw organic rental growth with step-up lease agreements

Revenue climbed 8.2% to about S$117.3 million for the three months ended Sep 30.
Companies & Markets

Parkway Life Reit Q3 DPU up 2.3% at S$0.1156

Its distributable income rises 10.4% to S$75.4 million

Eng-Kwok Seat Moey (left) is a veteran banker who was formerly group head of capital markets at DBS. Robin Hu has been on the board of Parkway Life Reit’s manager as independent director since July 2025.
Companies & Markets

Parkway Life Reit appoints Robin Hu as board chairman, Eng-Kwok Seat Moey as independent director

They will take up their new roles on Oct 20

Gleneagles Hospital is an asset in Parkway Life Reit's portfolio. The Reit's distributable income stood at S$49.9 million, up 9.5% from S$45.6 million.
Companies & Markets

Parkway Life Reit H1 DPU up 1.5% at S$0.0765 on new assets, higher rental contributions

Its Singapore hospitals have long-term master leases with fixed 3% annual rental step-ups

The Reit posted higher distribution per unit for Q1 FY2025 on the back of acquisitions made in the latter half FY2024. Residence d’Automne (pictured) is one of 11 nursing homes the Reit acquired in France in its maiden investment into Europe.
Companies & Markets

Parkway Life Reit Q1 DPU up 1.3% at S$0.0384 on nursing home acquisitions

It adds one more nursing home to Japan portfolio and buys 11 in France

The deal will mark PLife Reit’s exit from Malaysia, as the units and lots were its sole investment in the market and contributed only 0.2% to the trust's asset value.
Companies & Markets

Parkway Life Reit exits Malaysia with RM20.1 million sale of strata medical suite units, lots

The buyer is a wholly owned unit of IHH Healthcare, which is a substantial unitholder of the trust

Gleneagles Hospital is an asset in Parkway Life Reit's portfolio. Based on the latest appraised values, the Reit’s asset portfolio is worth close to S$2.5 billion.
Reits & Property

Parkway Life Reit H2 DPU falls 1.3% to S$0.0738 on enlarged unit base

Distributable income for the period rises 1.2% to S$45.8 million

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