Figueroa

Brookfield’s Figueroa deal could impact Manulife US REIT’s proceeds from its disposition mandate  - THE EDGE SINGAPORE

REITs

Brookfield’s Figueroa deal could impact Manulife US REIT’s proceeds from its disposition mandate

A building near MUST's Figueroa is believed to have been sold at US$145 psf, compared to Figueroa's valuation of US$194.4 psf.

Broker's Calls

America’s strengthening office market makes Manulife US REIT a great ‘buy’

SINGAPORE (Nov 9): DBS Vickers Securities has maintained its “buy” call on Manulife US REIT with an unchanged target price of 93 US cents ($1.29).

Results

Manulife US REIT reports maiden DPU of 2.01 US cents, exceeds IPO profit forecast by 5.8%

SINGAPORE (Nov 7): Manulife US Real Estate Management, the manager of newly-listed Manulife US REIT, posted a distribution per unit DPU of 2.01 US cents (3 cents) for the period from listing date on May 20 to Sept 30, beating its forecast 1.9 US cents for
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