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Parkway Life REIT Joins FTSE EPRA NAREIT Global Developed Index

Parkway Life REIT Joins FTSE EPRA NAREIT Global Developed Index

September 7, 2020 – Parkway Trust Management Limited, as manager of Parkway Life Real Estate Investment Trust (“PLife REIT”), announced that PLife REIT will be included in the FTSE EPRA NAREIT Global Developed Index after the close of business on 18 September 2020.

Mr. Yong Yean Chau, Chief Executive Officer of the Manager, said: “It is a significant milestone for us to be included in the index. This bears testament towards our commitment in achieving long-term growth and value for our unitholders, and highlights PLife REIT’s resilience despite on-going uncertainties in the macro economy. Inclusion in the index will enhance trading liquidity and visibility to investors and index funds worldwide, reaffirming our strong position as one of the largest listed healthcare REITs in Asia.”

The FTSE EPRA NAREIT Global Developed Index incorporates Real Estate Investment Trusts (REITs) and Real Estate Holding & Development companies, and is developed by FTSE Russell in collaboration with the European Public Real Estate Association (EPRA), the European association for listed real estate, as well as the National Association of Real Estate Investment Trusts (NAREIT), a U.S.-based association for REITs and publicly-traded real estate companies.

The index is designed to track the performance of listed real estate companies and REITS worldwide.

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