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Parkway Life REIT (PLife REIT)
Broker's Calls
Brokers' Digest: Wilmar International, Genting Singapore, Parkway Life REIT, Singtel
See what the analysts have to say this week.
February 24, 2023
Broker's Calls
Analysts maintain 'hold' on Parkway Life REIT following resilient 2HFY2022 results
With its triple-net lease structure, PLife REIT is shielded from higher inflation-related expenses.
February 03, 2023
Healthcare
PLife REIT and IHH Healthcare conduct major refurbishment works at Mount Elizabeth Hospital
The project, which will cost $350 million, will be jointly funded by both PLife REIT and IHH Healthcare.
January 03, 2023
Results
Parkway Life REIT reports 0.1% y-o-y increase in 9MFY2022 NPI of $82.8 mil
The REIT’s net asset value (NAV) per unit stood at $2.38 as at Sept 30.
November 01, 2022
Broker's Calls
UOB Kay Hian keeps 'hold' on PLife REIT as premium valuation already reflects positive impact on Singapore hospitals
UOB Kay Hian has lowered its target price estimate to $4.13 from $4.34 previously.
October 26, 2022
REITs
Parkway Life REIT acquires two new nursing homes in Tokyo region for $29.4 mil
The acquisition is expected to generate a net property income yield of 5.2% for the REIT.
September 20, 2022
Broker's Calls
Broker's Digest: Parkway Life REIT, IHH Healthcare, Keppel Corporation, Yangzijiang Shipbuilding, Kimly
See what the analysts have to say this week.
September 15, 2022
M&A
PLife REIT further expands footprints in Japan with acquistions
PLife REIT acquired 3 nursing homes in Japan for $26.1 million.
September 13, 2022
Broker's Calls
Broker's Digest: Parkway Life REIT, APAC Realty, Venture Corp
See what the analysts have to say about these counters. Graphic: The Edge Singapore
April 28, 2022
Broker's Calls
UOB Kay Hian raises TP for Parkway Life REIT after seeing a 'potential catalyst in the making'
The potential acquisition of Mount Elizabeth Novena Hospital by the REIT would raise UOBKH's target price to $5.42.
April 13, 2022