Parkway Life REIT has 47 properties. Parkway Life REIT invests in income-producing real estate and real estate related assets that are used primarily for healthcare and healthcare-related purposes.
- Singapore: Mount Elizabeth Hospital, Parkway East Hospital, Gleneagles Hospital
- Japan: Majority Assets, too many to list :p
- Malaysia, Kuala Lumpur: Gleneagles Intan Medical Centre, KL
Results for 3rd Quarter 2015
For the third quarter of 2015 (3Q 2015) on 5th November 2015 is positive.
Distribution Per Unit (DPU) Increase from 2.90 cents to 3.36 cents as compared to same quarter last year a up of 15.6%. Which is good news for us uni-holders!
Finance & Debt
Finance: Net revenue and Net property income increased by 2.4%. Now the on-going increase of interest rates with the fed hike, and with majority of it's assets in Japan, Parkway Life REIT has hedged its Japan net income for the next few years.
Debt: As of Nov 2015, Parkway Life REIT Gearing ratio remains at a healthy level of 35.8% and weighted average debt term to maturity stands at 3.7 years.
Debt: As of Nov 2015, Parkway Life REIT Gearing ratio remains at a healthy level of 35.8% and weighted average debt term to maturity stands at 3.7 years.
Conclusion
To be continued...
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