Parkway Life REIT acquires two nursing homes in Japan at 11% below valuation - REITSWEEK

Parkway Life REIT (PLife REIT) is acquiring two nursing homes in the Greater Tokyo region from Daiwa House for a total consideration of JPY2,880 million (SGD29.4 million). The acquisition will be made at approximately 11.1% below valuation and is expected to generate a net property income yield of …