Parkway Life REIT (SGX: C2PU) has just announced a new proposed master lease with the Singapore hospitals that are in their portfolio. Parkway Life REIT has seen a very stable and consistent growth in its share price as of late, seeing it grow by x% over the past few weeks. With this new announcement, what do shareholders need to take note of? In this article, I will be sharing my thoughts and views on this new announcement as well as what you should do if you are invested or have yet to invest in Parkway Life REIT.
Overview on The Proposed Transaction
To start, let’s run through the overview of the proposed transaction and what’s going to happen for Parkway Life REIT. As mentioned, this proposed transaction will involve Parkway Life REIT injecting a one-time Renewal Capex of S$150 million to renovate and upgrade the Singapore Hospitals that are in its portfolio.