MESSAGE TO
UNITHOLDERS
DELIVERING PERFORMANCE
Since inception in 2007, PLife REIT has registered
a DPU growth of 82.3%. Over the years,
PLife REIT’s sustained financial performance,
underpinned by its solid fundamentals won
investors’ trust as it emerged from a volatile
global economic environment relatively unscathed
and stronger.
In the face of rising interest rates with the U.S.
Federal Reserve ending its bond purchase stimulus,
and competition for healthcare assets stiffening,
PLife REIT’s calibrated strategy of “
Grounded
Defence, Focused Growth
” serves to bolster
our continued ability to deliver sustained returns
and ensure that we remained well-positioned
to leverage on the market conditions in 2014
and beyond.
For the financial year which ended 31 December
2014, PLife REIT successfully delivered another year
of growth. Our full year DPU of 11.52 cents marked
an increase of 7.1%over the previous year. Net asset
value per Unit increased to S$1.71 per Unit as at 31
December 2014, from S$1.63 per Unit a year ago.
Record DPU
payout of
cents
11.52
Dear Unitholders,
2014 marked an exceptionally exciting year for
Parkway Life Real Estate Investment Trust (“PLife
REIT”) as it embarked on its journey of “
Grounded
Defence, Focused Growth”
to transcend PLife REIT
to the next phase of growth in delivering greater value
for its unitholders.
During the year,
PLife REIT initiated
the asset recycling
strategy to rebalance
and strengthen the
overall quality and
growth potential of
PLife REIT's Japan
Portfolio.
6
PA R K WAY L I F E R E I T
