To The Moon

$ParkwayLife Reit(C2PU.SI)$  

 ParkwayLife Reit - 1st Half Results is out! DPU is up 14.6 percent to 8.77 cents. DI is up 14.6 percent to 57.2m, awesome.XD 12th August, paydate 8th September 2026. Estimating yearly dividend of 17.54 cents, yield is about 4.18%, seem not bad!

gross revenue for the half year stood at S$77.1 million, while net property

income was S$72.4 million. Compared to the corresponding period last year, gross

revenue and net property income have declined by 1.6% and 2.0% respectively,

mainly due to the depreciation of the Japanese Yen and lower rental income from

affected Japan assets. These were partially offset by continued contributions from the

Singapore portfolio. As the REIT has hedged its net income from Japan.reported revenue will be substantially mitigated by foreign exchange gains realised

upon settlement of its forward contracts.

Amount available for distribution, which is computed on actual rent receipts, increased

16.2% year-on-year. The growth was primarily driven by the higher rental contributions

from the Singapore hospitals’ Annual Rent Review formula and step-up lease

arrangement from the France portfolio, as well as the absence of the France tax

provision recognised in the corresponding period last year 4

. Notwithstanding the

above, any additional DI arising from the outperformance of the Singapore hospitals

is only finalised when the full year revenue is determined. Accordingly, the S$0.8

million uplift recognised for Q1 2026 has not been included in the current distribution

and will be distributed together with any full-year revenue-sharing entitlement, if

applicable, in 2H 2026. Consequently, DI and DPU increased 14.6% year-on-year to

S$57.2 million and 8.77 Singapore cents respectively.