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An update from Parkway Life Real Estate Investment ( (SG:C2PU) ) is now available.
Parkway Life Real Estate Investment Trust (PLife REIT), managed by Parkway Trust Management Limited, has completed the acquisition of eleven nursing homes in France from the DomusVi Group for approximately €111.2 million. This strategic purchase, funded through equity raising, reflects PLife REIT’s commitment to expanding its portfolio in the healthcare sector and strengthening its market position in Europe.
More about Parkway Life Real Estate Investment
Parkway Life Real Estate Investment Trust (PLife REIT) is a real estate investment company based in Singapore. It focuses on investing in income-producing healthcare and healthcare-related assets. The trust is managed by Parkway Trust Management Limited and has a significant market presence in the Asia-Pacific region.
YTD Price Performance: 15.00%
Average Trading Volume: 1,535
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $1.87B
See more insights into C2PU stock on TipRanks’ Stock Analysis page.
