ParkwayLife Real Estate Investment Trust (PLife REIT)

Parkway Life REIT will deliver steady distribution per unit (DPU) growth through its three-pronged growth plans, note analysts, namely asset-recycling strategies, venturing into a new market (third pillar) and acquisition pipeline from its sponsor.

SINGAPORE (Apr 26): The manager of ParkwayLife Real Estate Investment Trust (PLife REIT) has announced distribution per unit (DPU) of 3.28 cents for the 1Q19 ended March, some 3.5% higher than DPU of 3.17 cents in the corresponding quarter a year ago.