$PARKWAYLIFE REIT(C2PU.SI)$is Asia's largest listed healthcare REIT.  It invests in income producing real estate and real estate related assets used mainly for health care.  As at 31 December 2021, Parkway Life Reit's total portfolio size stands at 56 properties worth SGD2. 29 Billion. 

In Singapore, PLife Reit owns 3 hospitals which include Mount Elizabeth Hospital, Gleneagles Hospital and Parkway East Hospital.  In Japan PLife Reit owns 52 Aged Care and 1 Specialist Clinic in Malaysia.

PLife Reit is a great defensive play as healthcare is essential and recession proof.  It is also a great hedge against inflation too. 

According to the Financial Analyst in DBS, PLife is a BUY, Target Price SGD5.75.

In FY21, PLife Distribution Per Unit grew 2.1% year on year.  This is due to higher rents. PLife has also renewed its Singapore hospitals master lease with 27% rise in NAV and 20 year extension of lease tenure.

PLife has a strong Balance Sheet with gearing ratio of 35.4%.  Commited Occupancy is 99.7%. Weighted Average Lease Term to Expiry (By Gross Rental Income) is 17.31.

In view of the above factors, I intend to hold $PARKWAYLIFE REIT(C2PU.SI)$ long term in my portfolio.  It will provide me with a great source of passive income through its steady dividends.

Go Long, Go Strong, Go Parkway Life Reit!

@TigerStars

# SGX Stocks Opportunities

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • Ironman2002
    ·2022-04-12
    Good defensive stock to own.
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    • koolgal
      Definitely.
      2022-04-12
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    • koolgal
      Thanks for sharing
      2022-04-12
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  • ipohgrrrl
    ·2022-04-14
    thanks for the tip. what is your definition of long term? 5 years, 10 years?
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    • koolgalReplying toipohgrrrl
      My pleasure
      2022-04-16
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    • ipohgrrrlReplying tokoolgal
      you too. i really appreciate your insights.
      2022-04-16
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    • koolgal
      Happy Easter
      2022-04-15
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  • SiFu
    ·2022-04-12
    Wow congrats on the win. Good reit is definitely good to have.
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    • koolgalReplying toSiFu
      You can count on my updates from me.
      2022-04-13
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    • SiFuReplying tokoolgal
      True! Hope to have more updates on other Reits coming up from yr post. Cheers.
      2022-04-13
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    • koolgal
      Thanks for your lovely compliment.
      2022-04-12
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  • CTSM
    ·2022-04-12
    Thanks for the highlight! Cheers
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    • koolgal
      My pleasure
      2022-04-12
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  • Juanlee
    ·2022-04-12
    May not be safe and sound despite being big
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    • koolgal
      It depends on each individual investor and their appetite for risk.
      2022-04-12
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    • koolgal
      Nothing is 100%safe in life.
      2022-04-12
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    • koolgal
      To your success!
      2022-04-12
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  • WH the great
    ·2022-04-12
    Great conmpany to go for long term investment 💪😁
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    • koolgal
      Thanks for sharing
      2022-04-12
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    • koolgal
      Yes I agree.
      2022-04-12
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  • CY Tan
    ·2022-04-12
    Seems going up quite a bit, is it too high to buy now?
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    • koolgal
      But good Reit are expensive for a reason.
      2022-04-12
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    • koolgal
      Yes it is true.
      2022-04-12
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    • koolgal
      Thanks for sharing
      2022-04-12
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  • bernardtayet
    ·2022-04-12
    A wonderful company at a fair price. Good sharing. Thanks
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    • koolgal
      Thanks for your lovely compliment.
      2022-04-12
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  • kerestia
    ·2022-04-14
    thanks for the tip
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    • koolgal
      My pleasure
      2022-04-14
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  • Edmiller
    ·2022-04-13
    Great article!!
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    • koolgal
      Thanks for your lovely compliment
      2022-04-13
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  • AG84CL
    ·2022-04-13
    Thanks for the information!!
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    • koolgal
      My pleasure
      2022-04-13
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  • Hehehehohoho
    ·2022-04-12
    Thanks for the sharing!
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    • koolgal
      My pleasure
      2022-04-12
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  • LUOLi
    ·2022-04-12
    很好 [强]
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    • koolgal
      Thanks
      2022-04-12
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  • WeeSin
    ·2022-04-12
    Thanks for sharing
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    • koolgal
      My pleasure
      2022-04-12
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  • WinzWorld
    ·2022-04-12
    Nice one [Cool]
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    • koolgal
      Thanks
      2022-04-12
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  • larrylim11
    ·2022-04-12

    Good stuff!

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    • koolgal
      Thanks
      2022-04-12
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  • Jazyow
    ·2022-04-12
    thanks for sharing
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    • koolgal
      My pleasure
      2022-04-12
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  • 黑目客
    ·2022-04-12
    [Miser] [Miser]
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    • koolgal
      Thanks
      2022-04-12
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  • Prosper gal
    ·2022-04-11
    Good info
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  • Bullcowox
    ·2022-04-11
    U will need to use their service one days[What]
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    • HH浩
      😆😆
      2022-04-11
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