In a recent article, I discussed an underfollowed healthcare REIT based in the island nation of Singapore called First REIT (OTC:FESNF). In this article, I discussed that the REIT provides both growth potential and a solid distribution yield for investors that seek to diversify their portfolio away from more traditional American-focused healthcare property plays such as Omega Healthcare Investors (OHI) or Medical Properties Trust (MPW). In this article, I will present another Singaporean healthcare REIT for your investment consideration. That trust is Parkway Life REIT (OTC:PRKWF).
Parkway Life REIT is the largest publicly traded healthcare REIT in Asia, boasting a portfolio valued at S$1.5 billion and a market cap of S$1.397...
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