Parkway Life REIT

Latest Result: 1Q 2026

Sector Breakdown

Geographical Breakdown

Basic Profile

Stock CodeC2PU
Listing Date23-Aug-07
Entity TypeREIT
Payout FrequencySemi-Annually
Fiscal Year End31-Dec
SponsorParkway Holdings Limited
Key Statistics Stats as at: 2026-07-15
Current Price
S$4.15
Market Cap
S$2.6B
Price / NAV
1.64x
Div Yield (TTM)
3.68%
52 Week Range
52W Low 52W High
Financial Performance

Financial Performance

Gross Revenue$38.2M (QoQ -2.0%)
Net Property Income$35.85M (QoQ -2.6%)
NPI Margin94.4% (QoQ +0.0%)
Distributable Income$29.85M (QoQ +17.7%)
DPU4.42 cents (QoQ +18.5%)

Portfolio Stats

AUMS$2.57B
No. Properties74
Property Yield5.60% (QoQ -2.1%)
Rental ReversionN/A - master lease escalations
Capital Structure

Debt Metrics

Interest Cover 8.4x (QoQ -2.3%)
Avg Debt Term 3.0 years
Gearing Ratio 34.2% (QoQ +2.4%)
Cost of Debt 1.66% (QoQ +4.4%)
Fixed Rate Debt 93.0%
Highest Annual Debt Maturity 27.0%

Lease Expiry

WALE (by GRI) 14.85 years (QoQ +2.5%)
Committed Occupancy 95.76% (QoQ -4.0%)
Income in SGD/Major Currencies 100.0%
Highest Annual Lease Expiry 2.0%

Sponsor & Manager Shareholding

REIT Sponsor 32.908%
REIT Manager 0.224%
Directors of Manager 0.169%

Management Fees

Base Fee 0.3% p.a. of Deposited Property
Performance Fee 4.5% p.a. of NPI
Historical Trends

Dividend Yield (%) (DPU/Price)

P/NAV (Price/NAV)

DPU (cents)

DPU Component % (Distribution Breakdown)

NAV per Unit ($)

Units in Issue (bil)

Gearing Ratio (%)

Adjusted Interest Coverage (x)

Committed Occupancy (%)