MUST

Brookfield’s Figueroa deal could impact Manulife US REIT’s proceeds from its disposition mandate  - THE EDGE SINGAPORE

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.
Manulife US REIT lives to fight another day following EGM vote  - THE EDGE SINGAPORE

REITs

Manulife US REIT lives to fight another day following EGM vote

Manulife US REIT gets a new lease of life as unitholders voted overwhelmingly for all three resolutions which were interdependent
Proxy advisor says vote FOR for all three resolutions at Manulife US REIT’s EGM  - THE EDGE SINGAPORE

REITs

Proxy advisor says vote FOR for all three resolutions at Manulife US REIT’s EGM

Proxy advisor Glass Lewis recommends that Manulife US REIT's institutional unitholders vote FOR the three resolutions on Dec 14
Manulife US REIT could keep Phipps, divest non-core assets in refinancing package  - THE EDGE SINGAPORE

REITs

Manulife US REIT could keep Phipps, divest non-core assets in refinancing package

Manulife US REIT may keep trophy asset Phipps in refinancing package, selling non-core assets instead .
Manulife US REIT's aggregate leverage falls slightly in 3QFY2023 to 56.0% from 56.7% - THE EDGE SINGAPORE

Results

Manulife US REIT's aggregate leverage falls slightly in 3QFY2023 to 56.0% from 56.7%

MUST’s interest coverage fell to 2.4 times as at Sept 30, down from 2.6 times at June 30 and 2.9 times at March 31.
Can Manulife US REIT stay alive till 25?   - THE EDGE SINGAPORE

REIT Watch

Can Manulife US REIT stay alive till 25?

Manulife US REIT's manager, in a presentation, told attendees MUST plans to stay alive till 25
‘Absolutely’ possible to save Manulife US REIT, says sponsor but time not on its side - THE EDGE SINGAPORE

REITs

‘Absolutely’ possible to save Manulife US REIT, says sponsor but time not on its side

Sale of Phipps in conjunction with plan to deal with debt maturities in 2024, 2025 could give MUST reprieve
Sponsor pressed to step up support after Manulife US REIT breaches aggregate leverage ceiling - THE EDGE SINGAPORE

REIT Watch

Sponsor pressed to step up support after Manulife US REIT breaches aggregate leverage ceiling

Calls for the sponsor Manulife US REIT to step in with financial help grows louder
US REITs in the limelight with herd immunity in reach - THE EDGE SINGAPORE

REITs

US REITs in the limelight with herd immunity in reach

As the US reaches herd immunity, the economy opens, unemployment falls and growth surges, US S-REITs could attract attention
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