Parkway Life REIT's Gleneagles Hospital. (Photo: REITsWeek)

US investment management company Cohen & Steers has reduced its stake in Singapore-listed Parkway Life REIT.

The REIT is a healthcare assets landlord and it owns a portfolio of nursing homes and hospitals, most of which are located in Singapore and across Japan.

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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.