Parkway Life Real Estate Investment Trust
PRKWF
$3.14
-$0.01-0.32%
OTC PK
Corporate Info
Website
Phone Number
65 6236 3333
Address
9 Raffles Place
#26-01 Republic Plaza
Singapore, 048619
#26-01 Republic Plaza
Singapore, 048619
Country
Singapore
Year Founded
2007
Details
Sector
Financials
Industry
Real Estate
Employees
Business Decription
Parkway Life Real Estate Investment Trust ("PLife REIT") is one of Asia's largest listed healthcare REITs by asset size. It invests in income-producing real estate and real estate related assets that are used primarily for healthcare and healthcare-related purposes (including but are not limited to, hospitals, healthcare facilities and real estate and/or real estate assets used in connection with healthcare research, education, and the manufacture or storage of drugs, medicine and other healthcare goods and devices). PLife REIT owns a well-diversified portfolio of 75 properties, with a total portfolio size of approximately S$2.46 billion3 as at 31 December 2024. It owns the largest portfolio of strategically located private hospitals in Singapore comprising Mount Elizabeth Hospital, Gleneagles Hospital and Parkway East Hospital. In addition, it has 60 assets of high-quality nursing home and care facility properties in various prefectures of Japan, 11 assets of highquality nursing homes well located across six regions in France. It also owns strata-titled units/lots in MOB Specialist Clinics Kuala Lumpur in Malaysia.