Parkway Life REIT beats forecasts with gross revenue of S$11.9m

Mainboard-listed Parkway Life REIT has booked a distributable income of S$9.8 million for the first quarter.

That works out to a distribution per unit (DPU) of 1.62 cents.

All in, gross revenue hit S$11.9m on the back of sustained demand for private healthcare.

The REIT’s portfolio includes Mount Elizabeth Hospital, Gleneagles Hospital and East Shore Hospital. – CNA/ir

Source : Channel NewsAsia – 6 May 2008

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