Parkway Life REIT vs First REIT

In our previous article, we compared the first and second runners of Singapore’s Retail REIT, in this article, we’ll be doing a 1-vs-1 comparison between the only two healthcare REITs listed in Singapore – Parkway Life REIT and First REIT.

Read more: Paragon REIT vs Starhill Global REIT

I will be comparing these two REITs based on the following criteria and coming out with a conclusion based on the assumption that I can only invest in either one of the REITs without any consideration of valuation:

1. Type and Location of Underlying Property Allocation

2. Occupancy Rate & Weighted Average Lease Expiry (WALE)

3. Distribution Behaviour and Breakdown

4. Balance Sheet Health

If you are interested in a more in-depth analysis of either of the REITs, you can assess my independent analysis reports on my telegram channel:

*Join the channel → click on the channel name → under files → download the report you want!

The article is best viewed on a desktop. Without further ado let’s get started.