As at Dec 31 2025, PLife REIT’s gearing ratio stood at 33.4%, with an all-in cost of debt of around 1.59% and an interest coverage ratio of 8.6 times. PLife REIT has no long-term debt refinancing requirements until October 2026.
ParkwayLife REIT’s distribution per unit (DPU) rose by 2.5% y-o-y to 15.29 cents in FY2025 for the 12 months to Dec 31, 2025, extending PLife REIT’s track record of recurring DPU growth. Gross revenue for FY2025 increased 7.6% y-o-y to $156.3 million while net property income (NPI) rose 8.0% y-o-y to $147.5 million. Distributable income for the year to Dec 31, 2025 rose 9.1% y-o-y to $99.71 million.
The improvement largely reflects higher contributions from assets acquired in 2024 as well as organic rental growth from the Singapore hospital portfolio with step-up lease agreements, partially offset by foreign currency movements, which are managed through the REIT’s established hedging strategies.
