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Manulife US REIT prepared to shed trophy asset, says CEO of manager - THE EDGE SINGAPORE

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.

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

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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