Parkway Life Real Estate Investment Trust has entered into a new facility agreement on Feb, 20 2026 through its trustee, HSBC Institutional Trust Services (Singapore) Limited, to refinance existing bank borrowings.
The agreement requires the outstanding loan to be prepaid if Parkway Trust Management Limited resigns or is removed as manager, or if Parkway Holdings Limited’s stake in the manager falls below 51 percent and revised terms are not reached within 60 days.
No prepayment events have occurred to date. Approximately 887.0 million Singapore dollars of facilities could be affected should the specified conditions be breached, excluding any undrawn commitments.