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Parkway Life REIT acquires a nursing home in Japan for JPY 3.2 billion - THE EDGE SINGAPORE

REITs

Parkway Life REIT acquires a nursing home in Japan for JPY 3.2 billion

The acquisition will be made at around 7.0% below valuation and is expected to generate a net property yield of 5.9%.

M&A

Parkway Life REIT acquires nursing facility in Japan for $17.8 mil in sale and leaseback deal

SINGAPORE (Feb 7): The manager of Parkway Life REIT (PLife REIT) is acquiring Konosu Nursing Home Kyoseien, a nursing rehabilitation facility in Japan, from operator Iryouhoujin Shadan Kouaikai for 1.5 billion yen ($17.8 million) under a sale and leasebac
Image: Orange Valley

M&A

SPH acquires nursing home operator Orange Valley for $164 mil

SINGAPORE (April 25): Singapore Press Holdings (SPH) today announced its acquisition of Orange Valley Healthcare (OV), the operator of nursing homes and ancillary services, for about $164 million from private equity firm KV Asia Capital.

GK Goh plans nursing home development at Upper Thomson Road

SINGAPORE (Oct 25): GK Goh Holdings has plans to build a nursing home near at Venus Road, near Upper Thomson Road.

Here are some of Singaporeans’ biggest concerns about ageing

SINGAPORE (Oct 18): The majority of Singaporeans between the ages of 30 and 75 are concerned about ageing, according to a research study led by the Lien Foundation and NTUC Income.
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