Analysts are upbeat on Parkway Life REIT (PLife REIT) following its latest acquisition announced on Sept 13. Photo: Samuel Isaac Chua/The Edge Singapore
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Analysts are upbeat on Parkway Life REIT (PLife REIT) following its latest acquisition announced on Sept 13.
PLife REIT announced the acquisition of three nursing homes – Blue Terrace Kagura, Blue Rise Nopporo and Blue Terrace Taisetsu – in the Hokkaido region in Japan for a total purchase price of 2.56 billion yen ($26.1 million), or 12.2% below independent valuation.
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