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22 Apr 2025
Parkway Life REIT reports 1QFY2025 DPU of 3.84 cents, 1.3% higher y-o-y
Summary: Parkway Life REIT reported a 1.3% increase in DPU to 3.84 cents for 1QFY2025, driven by a 9.1% rise in distributable income to $25 million. Gross revenue increased by 7.3% to $39 million due to acquisitions in Japan and France, though offset by currency depreciation. The REIT maintains full occupancy in Singapore, Japan, and France, with a 31% occupancy rate in Malaysia.