Parkway Life Real Estate Investment Trust ( (PRKWF) ) has released its Q2 earnings. Here is a breakdown of the information Parkway Life Real Estate Investment Trust presented to its investors.
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Parkway Life Real Estate Investment Trust (REIT) is a Singapore-based unit trust that primarily invests in income-producing real estate and real estate-related assets within the healthcare sector across the Asia-Pacific region. The trust focuses on properties such as hospitals and healthcare facilities, aiming to generate stable returns for its unitholders.
In its latest earnings report for the first half of 2025, Parkway Life REIT reported a gross revenue of S$78.3 million, marking an 8.1% increase from the previous year. However, the total return for the period after tax before distribution was S$40.6 million, a decline of 21.7% compared to the same period in 2024.
Key financial metrics indicate that Parkway Life REIT’s net property income rose by 8% to S$73.8 million, while the amount available for distribution to unitholders increased by 9.5% to S$49.9 million. Despite a decrease in total return, the distribution per unit saw a slight increase to 7.65 cents, reflecting the trust’s commitment to delivering consistent returns to its investors.
The trust’s portfolio remains robust, with significant investments in Singapore, Japan, and France. The net asset value per unit increased to S$2.44, up from S$2.41 at the end of 2024, indicating a stable asset base and effective management of its property portfolio.
Looking ahead, Parkway Life REIT’s management remains focused on optimizing its portfolio and exploring strategic acquisitions to enhance long-term value for unitholders. The trust aims to maintain its strong financial position and continue delivering sustainable distributions in the evolving market landscape.