PARKWAY Life Reit 's distribution per unit (DPU) for the fourth quarter ended December, 2014 rose 4.5% to 2.82 cents, as distributable income went up 4.5% to $17 million.

For the full year ended December, 2014, DPU rose 4.2% year-on-year to 10.75 cents. Excluding a one-off IRAS tax adjustment of $0.7 million in 2012, DPU growth would have been 5.5 per cent.