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Manulife US REIT
Broker's Calls
Easing of lockdown in US raises hope for Manulife US REIT
Analysts positive on Manulife US REIT as US eases lockdown measures
May 11, 2020
REITs
Leaving Barbados, Manulife US REIT reverts to IPO tax structure
SINGAPORE (April 14): On Apr 13, Manulife US REIT’s manager announced that it will revert to its IPO tax structure. Since the implementation of the US Jobs and Tax Act 2017 which was signed into law on Dec 22, 2017, MUST changed its structure to a Barba
April 14, 2020
Broker's Calls
Analysts remain bullish on Manulife US REIT on DPU visibility, potential index inclusion
In its latest earnings call on Monday, MUST noted that the decline was attributable to an enlarged unit base on the back of the issuance of private placement units as well as new units pursuant to a preferential offering - both of which were to partially
November 05, 2019
REITs
Investors welcome new initiatives to develop international valuation standards
SINGAPORE (Oct 14): More than two years after minority unitholders of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana REIT) kicked up a ruckus over the valuation of three acquisition properties that they believed were overvalue
October 11, 2019
Results
Manulife US REIT declares 17.7% increase in 2Q19 DPU to 1.53 US cents on higher sales
SINGAPORE (Aug 13): The manager of Manulife US Real Estate Investment Trust (Manulife US REIT) has declared a DPU of 1.53 US cents, up 17.7% from 1.30 cents declared for the same quarter last year.
August 13, 2019
Broker's Calls
Supportive US macroeconomic outlook, robust demand-supply to benefit Manulife US REIT's office properties
SINGAPORE (June 19): Manulife US REIT (MUST) currently has a portfolio of eight trophy and class A office properties located in Los Angeles, New York, Washington DC and Atlanta, with a total net lettable area (NLA) of 4.16 million sf and valued at US$1.86
June 19, 2019
M&A
Manulife US REIT acquires Virginia asset for US$122 mil; proposes US$94 mil private placement to fund deal
SINGAPORE (April 29): Manulife US REIT has agreed to acquire a freehold 11-storey Class ‘A’ office asset at the Washington Metropolitan area in Fairfax, Virginia, for a consideration of US$122 million ($166.1 million) from Carr Properties.
April 29, 2019
Broker's Calls
Why Manulife US REIT remains a top 'buy' pick for RHB
SINGAPORE (Feb 12): RHB Research is maintaining its “buy” call on Manulife US REIT with a higher target price of 94 US cents compared to 92 US cents previously, upon lowering COE assumptions to 8.3% from 8.4% in its dividend discount model (DDM) to r
February 12, 2019