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Parkway Life REIT - Defensive REIT With Moderate Growth

$ParkwayLife Reit (C2PU.SG)$ has recently published its Q3 2024 financial report. While the numbers reflect some challenges, the narrative is far from gloomy. Let’s dive into the financial highlights, explore the REIT’s unique value proposition, assess the risks, and understand how it stacks up against competitors.
🏢 Market cap: $2.4B
🔥 Dividend yield: 3.7%
📒 Price to book: 1.7
📢 Gearing: 37.5%
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