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Broker's Calls
Brokers' Digest: Parkway Life REIT, Cromwell European REIT, United Hampshire US REIT, Raffles Medical, Yoma Strategic
See what the analysts have to say this week.
January 11, 2024
Broker's Calls
OCBC Investment initiates 'buy' on PLife REIT with fair value of $4.27
OCBC Investment initiates a 'buy' on PLife REIT, as the counter is seen as a "stable and defensive income stream".
January 09, 2024
Broker's Calls
UOB Kay Hian maintains 'overweight' rating on S-REITs; remains positive on CLAR and PLife REIT
UOB Kay Hian has maintained its "overweight" rating on Singapore REITs (S-REITs).
November 03, 2023
Results
Parkway Life REIT reports 9MFY2023 DPU of 10.99 cents, 2.8% up y-o-y
The REIT's gross revenue rose by 24.6% y-o-y to $110.9 million in the 9MFY2023.
November 01, 2023
REITs
Parkway Life REIT acquires two nursing homes in Osaka for JPY1,766.4 mil
This will bring Parkway Life REIT’s Japan portfolio to 59 properties, worth $710.7 million in value.
October 18, 2023
Broker's Calls
Citi lowers Parkway Life REIT’s TP to $3.85 due to higher portfolio cap rate and higher discount rate
That said, the analyst has kept his “neutral” call on the REIT due to its implied total return of around 8%.
September 27, 2023
Results
Parkway Life REIT reports 1HFY2023 DPU of 7.29 cents, up 3.3% y-o-y
Unitholders will receive their distributions on Aug 30.
July 26, 2023
Broker's Calls
CGS-CIMB upgrades Parkway Life REIT to 'add' on share price decline and potential total return
“We like Parkway Life REIT for its stability, backed by its defensive income structure with in-built rent escalation features."
April 27, 2023
Results
Parkway Life REIT reports 2.5% higher 1QFY2023 DPU of 3.65 cents
The DPU for the quarter will be distributed in the 1HFY2023 as the REIT now makes its distributions on a half-yearly basis.
April 25, 2023
Healthcare
Large-cap healthcare stocks: Hefty, hearty and healthy
Covid-19 may be over, but these hospital players are still seeing growth from the economic recovery.
March 09, 2023