News about Parkway Life REIT —
Parkway Life REIT is exiting Malaysia by divesting of its sole Malaysian property, MOB Specialist Clinics in Kuala Lumpur:
The REIT says that the sale consideration amount is about 25.6% higher than the original purchase price of the property of RM16 million in 2012. It is 4.6% above the average of the latest valuation of the property at RM19.2 million as at Dec 31, 2024.