SG : Parkway Life REIT - Coming into its own

The potential renewal of Singapore hospitals’ master lease agreement (MLA) is a catalyst for share price outperformance. We anticipate DPU CAGR of 4.8% over FY20-23F post MLA renewal, not including any potential future inorganic growth exercises. Upgrade to Add with a higher DDM-based TP of S$4.80.

Most Viewed See latest

This publication is being distributed by Tellimer solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not con...

Full Tellimer disclaimers