SINGAPORE (Jan 8): When a few real estate investment trusts raised equity through rights issues in 2017, some unitholders were unhappy. Among them were unitholders of Manulife US REIT. This year, though, with a distribution per unit (DPU) uplift from a couple of acquisitions, Manulife US REIT is unlikely to ask unitholders for more cash. It is probably one of two commercial REITs that may not be tapping unitholders for equity. The other is CapitaLand Commercial Trust (CCT).

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