Parkway Life REIT property, Parkway East Hospital. (Photo: Google Maps)

Unlike its peers across the Singapore REITs universe, Parkway Life REIT will likely see minimal impact on its earnings and cash flows despite the COVID-19 outbreak.

Parkway Life REIT is a healthcare REIT with a portfolio of 53 properties with total asset value at SGD1.96 billion.

It is presently the second most expensive REIT in terms of premium-to-book value, as listed on the Singapore REITs table.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.