Basic Profile & Key Statistics Parkway Life REIT (PLIFE) is a healthcare REIT that invests mainly in hospitals, medical centres and nursing homes. PLife owns 55 properties across Singapore, Japan and Malaysia.
Performance Highlight Besides NPI, the performance improved slightly YoY. The decrease in NPI is mainly due to a one-off allowance for doubtful debts of $1.1 million due to rent default.
PLIFE has completed the acquisition of 2 nursing homes in Japan on 9 July 2021.

For the master lease agreements with Parkway Hospitals Singapore Pte. Ltd., PLIFE received unitholders approval at EGM on 30 Sep, and subsequently entered into the new master lease agreement on 13 Oct. This has increased the WALE as well as the valuation of the Singapore properties.

Related Parties Shareholding

REIT sponsor's shareholding is high at 35.56%REIT manager's shareholding is low at 0.311%Directors of REIT manager's shareholding is high at 0.16%
Lease Profile Occupancy is high at 99.7%WALE is...