Highlights

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Author: reitscompass   |   Latest post: Sun, 15 Dec 2019, 12:21 PM

 

Parkway Life REIT - The Safest S-REIT

Author:   |    Publish date:


Key Highlights:

  • Parkway Life REIT (SGX: C2PU)'s 3Q19 DPU grew 1.9%

  • The annualised yield and price to book ratio are 4.1% and 1.73 respectively

 

1. Dividends

Net property income was up 3.9% to $27.6m. The was mainly due to:

  • Higher rent from Singapore hospitals

  • One off insurance proceeds to reimburse the repair expenses of certain Japanese assets

  • Strengthening of JPY

 

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