On 5 February 2025, Parkway Life REIT (“PLife”) announced their full year result for FY2024. PLife has made new investments into the France nursing home market during this quarter, which is a new portfolio different from their existing ones. In the presentation, management has continued to mention about building a 3rd pillar to support PLife, so it remains to be seen if the France nursing homes are able to meet their expectations. Do note that DPU has decreased this half of the year with the enlarged unit base. Investors will need to monitor over the next few periods if the new acquisitions are able to contribute positively to the portfolio.
Disclaimer: Not financial advice. All data and information provided on this site is for informational purposes only.
Website: General Announcement::2H And FY2024 Business Update
Photo source: https://fifthperson.com/2021-parkway-life-reit-agm/
Financial Highlights
Distribution Per Unit (“DPU”)
| Metrics |
Current |
Previous |
| Distribution Per Unit |
-2.1% |
+3.5% |
| Rating |
Unfavorable |
Favorable |
...
