Parkway Life Real Estate Investment Trust announced that the resignation of Lim Kok Hoong as independent director, Chairman of the Board of Directors and Chairman of the Audit Committee. Mr. Lim's retirement from the board is part of the succession plan of independent director of Parkway Trust Management Limited, the manager of Parkway Life REIT. His retirement will take effect upon conclusion of the annual general meeting of Parkway Life REIT to be held on 24 April 2017.