In my view, investors are more lean towards Parkway for its increasing DPU and share price as well as 3 renown hospital properties in Singapore. As for First REIT, investors are concern about its sponsor and near term expiring lease which post a risk of renewal with Indonesia Rupiah currency rental or lower rental rate.
Items Unit First Plife Lease Profile Portfolio Occupancy % 100 100 Income Received in SGD % 99.37 60.27 Highest Lease Maturity in 5 Years* % 22 59.79 Weighted Average Lease Expiry, WALE* year 8 6.66 Weighted Average Land Lease Expiry* year 64.4 74.6 Debt Profile Interest Cover Ratio time...