Parkway Life Real Estate Investment Trust
Parkway Life Real Estate Investment Trust
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Overview
What the company does, where it operates, and who runs it.
About Parkway Life Real Estate Investment Trust
- Industry
- REIT - Healthcare Facilities
- Sector
- Real Estate
- CEO
- Yean Chau Yong
- Headquarters
- 80 Robinson Road, No. 02-00, Singapore, SG
- Industry
- REIT - Healthcare Facilities
- Sector
- Real Estate
- CEO
- Yean Chau Yong
- Headquarters
- 80 Robinson Road, No. 02-00, Singapore, SG
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 54 properties located in the Asia Pacific region, with a total portfolio size of approximately S$2.02 billion3 as at 31 December 2020. 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 50 assets of high quality nursing home and care facility properties in various prefectures of Japan. It also owns strata-titled units/lots in MOB Specialist Clinics Kuala Lumpur in Malaysia.
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