On 6 August 2025, Parkway Life REIT (“PLife”) announced their half year result for FY2025. DPU saw a decrease on a quarter-to-quarter basis, attributable to an increase in finance costs. Market consensus is that the Bank of Japan may raise interest rates over the next few quarters, something that PLife will need to manage given that a notable portion of their loans are denominated in Japanese Yen. There were no other significant changes to their financial position.
In the latest announcement, management has established the Nursing Homes in France as the third pillar for PLife. As they continue to build their foothold in France, management has disclosed on their intention to develop footprint in other European countries and UK. Given that these countries have also been facing an aging population over the last few years, this is an opportunity for PLife to enhance long-term growth and portfolio diversification.
Subsequent to quarter end, on 12 August 2025, PLife announced the completion of the…
