- Parkway Life REIT delivered steady growth with DPU rising 2.1% y-o-y to 7.48 cents in 2H23. The uplift in rents from Project Renaissance will kick in starting 2026, lifting distribution yield higher by 0.8ppt to 4.9%.
- - Read this at SGinvestors.io -
Parkway Life REIT's 2H23 Results
- Parkway Life REIT (SGX:C2PU) reported DPU of 7.48 cents for 2H23 (+2.1% y-o-y), which is in line with our expectations. See Parkway Life REIT's distribution dates.
Sustainable growth from healthcare and renewed master leases.
- - Read this at SGinvestors.io -
- higher rents from Singapore hospitals under the new master lease agreements, which were partially offset by depreciation of the JPY.
Coping with higher cost of debt.
- Read more at SGinvestors.io.
















