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The latest announcement is out from Parkway Life Real Estate Investment ( (SG:C2PU) ).
Parkway Life Real Estate Investment Trust announced the completion of independent valuations for its property portfolio as of December 31, 2024. The valuations resulted in a net change in fair value of investment properties, with a loss of S$18.0 million recognized in the financial statements. This announcement highlights the trust’s commitment to transparency and provides stakeholders with insights into the current market value of its assets, potentially affecting future investment and operational strategies.
More about Parkway Life Real Estate Investment
Parkway Life Real Estate Investment Trust (PLife REIT) is a prominent player in the healthcare real estate sector in Singapore. The company primarily invests in income-producing real estate and real estate-related assets in the Asia-Pacific region, focusing on healthcare and healthcare-related industries.
YTD Price Performance: 15.00%
Average Trading Volume: 1,535
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $1.87B
Learn more about C2PU stock on TipRanks’ Stock Analysis page.