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Manulife US REIT (MUST)
REITs
Assets in ‘red’ states have done better than assets in ‘blue’ states: Manulife US REIT CEO
“I don’t think you're going to see a difference between the Republicans or the Democrats [on] interest rate cuts,” says John Casasante, CEO and CIO of the manager of Manulife US REIT.
25 days ago
Results
Manulife US REIT aims to cut borrowings by US$200 million in 2025
Two of its remaining nine properties are on the market.
25 days ago
Broker's Calls
Brokers’ Digest: Manulife US REIT, Pacific Radiance, Zixin Group, CLAS, Sheng Siong Group
Here's what the analysts have to say this week.
October 03, 2024
Broker's Calls
Analysts mixed on Manulife US REIT after divestment of Capitol; RHB downgrades to ‘neutral’
RHB and CGSI have kept their target prices unchanged at 12 US cents and 22 US cents respectively.
October 01, 2024
REITs
Manulife US REIT prepared to shed trophy asset, says CEO of manager
The CEO of MUST's manager says US office market remains challenging, and he is willing to divest tranche 3 assets if necessary.
September 30, 2024
Property
Manulife US REIT divests Capitol for US$117 mil, 2025 debt maturities to be fully repaid post-transaction
The REIT's pro forma aggregate leverage will improve to 54.2% from 56.3%.
September 30, 2024
REITs
Manulife US REIT’s new leaders tease divestments ‘by year-end’
In addition to three properties that are on the market, management says a fourth asset is being marketed “off the market”.
August 07, 2024
Broker's Calls
Manulife US REIT’s new management ‘focusing on the right dispositions’: RHB
MUST’s disposition plan is on track, with three unidentified assets on the market.
August 06, 2024
Results
Manulife US REIT same-store NPI falls 16.7% y-o-y in 1HFY2024; manager ‘marketing three properties for sale’
As at June 30, MUST’s unencumbered gearing ratio and aggregate leverage ratio held steady at 60.0% and 56.3%.
August 05, 2024
New appointments
MUST obtains regulatory approvals for CEO, CFO appointments
Their appointments will take effect from June 30.
June 28, 2024