Welcome!
Manulife US REIT (MUST)
REITs
Time to return to office could impact US, Australian and Singapore REITs
As America returns to work (RTTO), US S-REITs stresses may start to alleviate
June 05, 2024
REIT Watch
Asset disposals ‘worth the wait’, even with penalty fee: MUST chairman
MUST must achieve net sale proceeds of US$230 million by end-2024 or face the higher of two fees.
May 09, 2024
Results
Manulife US REIT reports occupancy rate of 78.7% in 1QFY2024 business update
Aggregate leverage in the 1QFY2024 stood at 56.7% with an interest coverage ratio of 2.3 times.
May 08, 2024
REIT Watch
Tenant improvements sink US office S-REITs but the trough is nigh
In Singapore, tenants usually pay for renovations of their office property. In the US, the landlord pays.
April 04, 2024
Broker's Calls
Brokers' Digest: KREIT, Seatrium, SIAEC, Sats, Riverstone, CEREIT, Food Empire, FLCT, CDG, MUST, Sheng Siong, Uni-Asia
See what the analysts have to say this week.
April 04, 2024
Broker's Calls
Manulife US REIT’s management overhaul and share buyback indicates signal of ‘hope’, says RHB
Analyst Vijay Natarajan has kept his "trading buy" call with an unchanged target price of 12 US cents.
March 28, 2024
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.
March 27, 2024
Insider moves
Manulife US REIT’s chairman and director add stakes
As at 10.30am, units in MUST are trading 0.5 cents higher or 7.81% up at 6.9 US cents.
March 22, 2024
REITs
Top leaders at US office S-REITs announce resignations
Top executives from Manulife US REIT and Prime US REIT announced their resignations within a week of each other.
March 21, 2024
Broker's Calls
DBS 'surprised' by resignation of Manulife US REIT’s 'whole C-suite'
The REIT manager announced the resignation of its CEO, deputy CEO, CIO and CFO before the market opened on March 19.
March 19, 2024