Market Review
and Outlook
S-REITs, supported by an inelastic demand for healthcare
services and an ageing population in Asia, is likely to
continue in 2016. In addition, Moody’s also mentioned
that PLife REIT will remain stable and continue to generate
stable cash flow from its portfolio, supported by its strong
balance sheet, favourable lease structures and excellent
financial flexibility.
As seen, the growing importance of healthcare and
prospects of the REIT market in Asia have certainly
presented new opportunities for both the investors and
REIT sponsors. With an established and efficient REIT
framework, Singapore continues to draw its appeal
as compared to its peers. As one of the largest listed
8 United Nations Population Fund . (n.d.). Retrieved December 21, 2015 , from Ageing:
healthcare REITs in Asia with robust fundamentals,
PLife REIT remains strategically positioned to ride on the
growing healthcare industry.
Deepening Connections, Creating Value in
Healthcare Sector
The ever-increasing demands of an ageing population and
rising level of affluence will result in a paradigm shift in the
healthcare sector to facilitate a higher quality of life for
elderly in their golden years.
The 12.3% of the global population aged 60 and above
will rise to almost 22% by 2050
8
. Statistics from the World
Bank highlighted that East Asia is ageing more rapidly
ParkwayLife REIT
Annual Report 2015
12
