Parkway Life REIT ("PLREIT") once again announced not just an increase in DPU but a stunning +15.1% for its first quarter distribution. Its last traded market price as at April 30, 2026 was S$4.02 per unit. Despite the fantastic results announcement, I do not think that it is worth it for new investors to foray into this PLREIT at this particular juncture. The recent announced DPU is S$0.0442 per unit for Q1 2026. Annualising this, the dividend yield for PLREIT will be 4.4% (forecast distribution is S$0.1768 per unit per annum). Many blue-chips SREITs such as Mapletree Industrial Trust, Mapletree Pan Asia Commercial Trust or Capitaland Ascendas are actually trading with a much more attractive 6% distribution yield and also way below their Net Asset Value ("NAV") per unit. On the other hand, PLREIT NAV per unit as at March 31, 2026 is only S$2.53 per unit which means that it is trading at a lofty +58.9% premium over its latest NAV per unit....