Page 26 - ar2012

ParkwayLife REIT Annual Report FY2012
Competitive Strengths of Our Properties
24
Benefciary of rising demand for private healthcare in growing
healthcare sector
Diversifed and quality portfolio
Quality tenant base
Long-term master leases ensure sustainable income stream
Weighted average lease term to expiry (by gross revenue)
of 11.29 year
Favourable lease structure ensures good organic growth
Rent review provision for 97.8% of the leases (by NLA) and
90.0% with downside revenue protection; CPI+1% rent review
for Singapore Hospital Properties guarantees minimum 1%
rental growth annually
Minimal exposure to escalating operating expenses: Largely
borne by lessees
Japan nursing homes innovatively structured for added rental
security: Backup operator arrangement, lease/rental guarantee
Defensive lease structure ensures portfolio resiliency
Portfolio IN FOCUS