I have added 4 lots of Parkway Life Reit to my portfolio a few weeks ago at the price of $2.22. Based on the latest dividends given out in an entire year, that’s a yield of almost 5%. Not amazing (actually it is the Reit with the lowest yield) but I am pretty bullish on healthcare properties and do believe the growth in healthcare costs/profits would likely be able to support an above average increase in rentals. Moreover, its key assets are in the three prime Singapore hospitals (Mount Elizabeth, Gleneagles and Parkway East). It’s likely one of the most conservative and defensive Reits in the market too. The hospitals are well-established with most of my female peers (including Mrs 15HWW) indicating their preference to give birth to their future children at these “more costly” places. =p The general market dropped by ~5% since the last update a month ago. It’s quite a surprise to me ......