Parkway Life Real Estate Investment (SG:C2PU) has released an update.
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Parkway Life Real Estate Investment Trust has expanded its portfolio with the purchase of a nursing home in Osaka, Japan, through its subsidiary, at a price of approximately S$20.7 million. The acquisition is structured via a silent partnership agreement and is slated for completion by the third quarter of 2024. This strategic move signifies Parkway Life REIT’s commitment to growing its presence in the healthcare real estate sector.
For further insights into SG:C2PU stock, check out TipRanks’ Stock Analysis page.
