On 30th April 2024, ParkwayLife REIT released their 1Q2024 Business Update. Currently, ParkwayLife REIT makes up 5.80% of my stock portfolio in terms of value. It is also one of the earliest REIT that I bought when I started investing in REITs. This is one REIT with performance that is so stable that I seldom look at it. I wonder what is ParkwayLife REIT’s current share price and current dividend yield? If this healthcare REIT is alien to you, let me give you a quick introduction. ParkwayLife REIT is one of the largest listed healthcare REITs in Asia with an enlarged portfolio of S$2.23 billion. In Japan, it has 59 high quality nursing home properties worth S$717.2 million. The step-up rent for its nursing home is what makes it possible to grow its Distribution Per Unit (DPU) year-on-year since IPO. Now, let us take a look into its business updates. 1Q2024 Financial Performance...