Manulife US Real Estate Investment Trust (MUST)

REITs

Manulife US REIT to raise US$80.0 mil through private placement

The new units are expected to be issued and commence trading on the SGX-ST on Dec 9.
Manulife US REIT acquires maiden properties in Phoenix and Portland for total of US$201.6 mil - THE EDGE SINGAPORE

REITs

Manulife US REIT acquires maiden properties in Phoenix and Portland for total of US$201.6 mil

All three properties were purchased at at least 0.8% below the valuation amounts.
Manulife US REIT obtains US$250 million sustainability-linked loan from DBS and OCBC - THE EDGE SINGAPORE

REITs

Manulife US REIT obtains US$250 million sustainability-linked loan from DBS and OCBC

The facility incorporates interest rate reductions linked to sustainability performance targets.
Manulife US REIT posts 11.3% lower 2H20 DPU of 2.59 US cents on lower property income and provision for expected credit losses - THE EDGE SINGAPORE

Results

Manulife US REIT posts 11.3% lower 2H20 DPU of 2.59 US cents on lower property income and provision for expected credit losses

FY2020 DPU fell 5.4% y-o-y to 5.65 US cents compared to 5.96 US cents in FY2019.
PhillipCapital eyes year-end STI at 3,200 - THE EDGE SINGAPORE

Positioning for the recovery

PhillipCapital eyes year-end STI at 3,200

“Investors are positioning ahead of the expected normality to pre-Covid-19 economic conditions," says PhillipCapital.

SGX Research Series: 10 in 10

Manulife US REIT thanks quality portfolio for minimal impact from Covid-19

Manulife has over 80 years of experience in commercial real estate through a vertically integrated platform and manages everything from the plumbing to the high finance, writes Singapore Exchange research analyst Candace Li.

Broker's Calls

Manulife US REIT’s portfolio resilient against short-term uncertainty: PhillipCapital

Ong has maintained her “buy” call with a higher target price of 90 US cents ($1.23), previously 80 US cents.

Brexit

Analysts remain optimistic that Manulife US REIT can weather the Covid-19 crisis

The counter jumped 26% to close at 70 US cents on March 24, after the US Federal Reserve swooped in with a sweeping rescue plan to shelter the US economy from the coronavirus.
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