Japan: PLife REIT acquires three nursing homes in Hokkaido from Blue Melon Capital

Parkway Trust Management, as manager of Parkway Life Real Estate Investment Trust (PLife REIT), one of Asia’s largest listed healthcare REITs, is expanding its Japan portfolio in the Hokkaido region through the acquisition of three nursing homes – Blue Terrace Kagura, Blue Rise Nopporo and Blue Terrace Taisetsu, adding another 250 beds. The properties are…