Stock Analysis: ParkwayLife Reit | Lianhe Zaobao
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Parkway Life REIT is recommended for buy, with a target price of SGD 4.75 and a closing price of SGD 4.02 (+0.25%). The Monetary Authority of Singapore has raised its inflation forecast to 1.5%-2.5%, which is favorable for the trust, as 65% of its revenue is linked to inflation. It is expected that rising inflation in 2026 will drive rental income growth in the fiscal year 2027, potentially allowing for an increase in the distribution per unit. This trust is the only real estate investment trust in Singapore with income visibility until 2042, providing income certainty and growth above inflation. Maintain "Buy" rating
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