Parkway Life REIT's Revenue May Benefit From Hospital Outperformance -- Market Talk

0609 GMT - Parkway Life REIT's revenue could benefit from continued outperformance at two of its hospitals, says DBS Group Research's Tabitha Foo in a note. The real-estate investment trust shifted to a revenue-sharing model with the two hospitals, which delivered a pleasant surprise to the REIT's top line through a 0.8 million Singapore dollar uplift, the analyst says. She anticipates that a third hospital, Mount Elizabeth, could also transition to the revenue-sharing model after it completes its enhancements. This could be a key catalyst for Parkway Life's stock, as Mount Elizabeth is the largest contributor to the REIT's Singapore portfolio, she says. DBS retains its buy rating and S$4.75 target price, citing attractive valuations. Units add 0.5% to S$4.24.(megan.cheah@wsj.com)

(END) Dow Jones Newswires

August 04, 2026 02:09 ET (06:09 GMT)