Parkway Life REIT - UOB Kay Hian 2025-08-18: Geographical Diversification Enhanced With The Addition Of France

• Parkway Life REIT provides defensive strength supported by its healthcare orientation, long WALE of 14.9 years and low aggregate leverage of 35.4%.
• The acquisition of 11 freehold nursing homes in France was completed in Dec 24 and accounted for 7.8% of group NPI in 1H25. Parkway Life REIT has received approval from IRAS for tax exemption for foreign-sourced dividends and interest income from seven of its 11 nursing homes in France.
• - Read this at SGinvestors.io -

Contributions from strategic acquisitions kick in.

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• Distributable income surged 9.5% y-o-y, reflecting the successful integration of new acquisitions. Growth is moderated by the depreciation of the yen against the Singapore dollar (-4.5% y-o-y), which was offset by foreign exchange gains from the settlement of Japanese yen forward contracts.

Strategic geographic expansion into Europe.

• Read more at SGinvestors.io.

Above is an excerpt from a report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full PDF report @ https://www.utrade.com.sg/.

Previous report by UOB:
2025-02-17 Parkway Life REIT - Oasis Of Calm Sheltered From Threats Of Tariffs.

Price targets by 2 other brokers at Parkway Life REIT Target Prices.

Listing of research reports at Parkway Life REIT Analyst Reports.

Relevant links:
Parkway Life REIT Share Price History,
Parkway Life REIT Announcements,
Parkway Life REIT Dividend Payout Dates & Corporate Actions,
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