Parkway Life REIT (PLife REIT) is one of Asia’s largest listed healthcare REITs and owns healthcare properties located in Singapore, Japan, and Malaysia. As of 31 December 2020, the REIT owns a portfolio of 54 healthcare and aged care properties valued at approximately S$2.02 billion. PLife REIT’s gross revenue and net property income (NPI) have been on a general uptrend since 2007. Likewise, its distribution per unit (DPU) increased from 6.32 cents in FY2007 (its IPO year) to 13.79 cents in FY2020. As a unitholder myself, I attended PLife REIT’s recent annual general meeting to learn how COVID-19 has affected the REIT’s performance and whether it has changed the landscape of the healthcare industry moving forward. Here are 12 things I learned from the 2021 Parkway Life REIT AGM. 1. Gross revenue increased 4.9% year-on-year to S$120.9 million in FY2020 from S$115.2 million in FY2019. Likewise, NPI increased 4% y-o-y...