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

Parkway Life REIT (PLife REIT) has announced its financial results for the fiscal year ending 31 December 2024 on 5 February, marking its 17th consecutive year of uninterrupted growth in distribution per unit (DPU).

The healthcare-focused REIT achieved a full-year DPU of 14.92 cents, reflecting a 1.0% year-on-year increase.

Excluding the effects of an equity fund raising (EFR), DPU would have been 15.11 cents, up 2.3% from the previous year.

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By Rachel Young

Rachel Young is a staff writer for REITsWeek and is based in Singapore. She focuses on REITs listed in the North American and European markets but occasionally covers REITs in the Asia-Pacific region.