Parkway Life REIT is a leading healthcare-focused REIT in Asia, with assets across Singapore, Japan, France and Malaysia.
One of the largest listed healthcare REIT in Asia
Parkway Life REIT is a leading healthcare-focused REIT in Asia, with assets across Singapore, Japan, France and Malaysia.
Its defensive long term lease structure with downside protection provides for a resilient earnings stream, with the REIT well-positioned to capitalise on the growing healthcare sector.
It has an enviable track record of generating uninterrupted recurring DPU growth since its IPO in 2007. From 2007 to 2024, its DPU has grown by about 136% from an annualised DPU of 6.32 cents to 14.92 cents in 2024.
| Historical DPU track record since IPO in 2007 |
| Source: Company data |
Significant rental growth in FY26
Singapore represents the key geographic market for PLife REIT at 62.5% of asset value.
Its master lease was recently renewed for a 20.4 year lease term ending December 2042, with an option to renew for a further term of 10 years....