Singapore: Parkway Life reports 3.5% rise in Q1 DPU

Parkway Life REIT, which is owned by IHH Healthcare, has reported a 3.5% bump in distribution per unit (DPU) for the first quarter of the year. DPU was up 3.5% to 3.28 cents. Gross revenue rose 2.1% to S$28.4m (US$20.9m) and net property income grew 2.2% to S$26.5m. The growth was mainly due to revenue…

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