Taking Stock Of Stocks

Staying nimble in a growing aged care sector

The Sunday Times and the Singapore Exchange's research team interview company bosses in this series to help investors get a view of a firm's operations and strategic direction, aspects that go beyond the financials. We speak to Mr Yong Yean Chau, chief executive and executive director of Parkway Trust Management, the manager of Parkway Life Reit. Mr Yong discusses the Reit's entry into Japan, opportunities in the aged care market, and how it has managed to achieve steady growth while allowing the company to give back to the community.

Mr Yong Yean Chau expects increasing demand for quality healthcare in Asia, given a growing elderly population and rising affluence.
Mr Yong Yean Chau expects increasing demand for quality healthcare in Asia, given a growing elderly population and rising affluence. PHOTO: PARKWAY TRUST MANAGEMENT
Lorna Tan
Updated
Aug 26, 2018, 05:00 AM
Published
Aug 26, 2018, 05:00 AM
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Listed on the mainboard of the Singapore Exchange since 2007, with an initial portfolio of three hospital properties in Singapore, Parkway Life Reit has grown to become one of Asia's largest listed healthcare real estate investment trusts (Reits).

It owns a well-diversified portfolio of 50 properties in Singapore, Japan and Malaysia with a total portfolio size of approximately $1.75 billion.

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A version of this article appeared in the print edition of The Sunday Times on August 26, 2018, with the headline Staying nimble in a growing aged care sector. Subscribe

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