Parkway Life Reit, IHH Healthcare extend lease agreements for 20 years, with S$150m capex injection

The Straits Times Business News

July 14, 2021 9:41 PMSINGAPORE (THE BUSINESS TIMES ) – Parkway Life Real Estate Investment Trust (Reit) and IHH Healthcare Berhad are extending their collaboration for another 20 years, with Parkway Life Reit also injecting up to S$150 million in renewal capital expenditure, and receiving the right of first refusal (ROFR) for Mount Elizabeth Novena Hospital.
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July 14, 2021 – 6:01 pm /
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