---
title: "Parkway Life REIT divests Japan nursing home asset for JPY 1.17 billion"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291258573.md"
description: "Parkway Life REIT divested a nursing home in Hyogo, Japan, for JPY 1.17 billion in cash. The sale price exceeded the 2008 acquisition cost by 38% and the latest valuation by 5%, generating an expected pre-tax gain of S$0.6 million. Proceeds will support higher-growth investments under its asset recycling strategy."
datetime: "2026-06-30T09:39:42.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291258573.md)
  - [en](https://longbridge.com/en/news/291258573.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291258573.md)
generator: "portal-rs"
---

# Parkway Life REIT divests Japan nursing home asset for JPY 1.17 billion

-   Parkway Life REIT sold a nursing home in Hyogo, Japan for JPY 1.17 billion, paid in cash; completion took place the same day. \* Price was 38% above the 2008 acquisition cost; 5% above the latest independent valuation as of Dec. 31, 2025. \* Expected pre-tax disposal gain of about S$ 0.6 million; proceeds earmarked for higher-growth investments under its asset recycling strategy. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Parkway Life REIT published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: C0F2ZFRF4A9R62BO) on June 30, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

### Related Stocks

- [C2PU.SG](https://longbridge.com/en/quote/C2PU.SG.md)
- [S68.SG](https://longbridge.com/en/quote/S68.SG.md)

## Related News & Research

- [PLife REIT H1 DPU rises 14.6% on higher SG hospital contributions](https://longbridge.com/en/news/294764820.md)
- [Parkway Life REIT 1H FY26 DPU rises 14.6% to 8.77 Singapore cents; distributable income climbs 14.6% to S$57.24 million](https://longbridge.com/en/news/294746328.md)
- [11:07 ETPageUp and Sapia.ai embed intelligent AI interviewing directly into enterprise hiring workflows](https://longbridge.com/en/news/297065081.md)
- [1844 Resources extends closing date of non-brokered private placement to Sept. 11](https://longbridge.com/en/news/296833323.md)
- [WildBrain acquires Personality AI for about US $11 million and 1,000,000 shares](https://longbridge.com/en/news/296783688.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**