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@koolgal
$PARKWAYLIFE REIT(C2PU.SI)$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
$PARKWAYLIFE REIT(C2PU.SI)$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

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