Manulife US REIT
Manulife US REIT is a Singapore listed REIT which invests, directly or indirectly, in a portfolio of income-producing office real estate in key markets in the United States, as well as real estate-related assets.
See below for the Latest Manulife US REIT News, Analysis, Profit Results, Share Price Information, and Commentary.
Manulife US REIT profit falls as occupancy drops to 67.7%
Manulife US REIT profit falls as occupancy drops to 67.7%
Property earnings declined 13.7% alongside disposals of Capitol Plaza and Peachtree assets.
Manulife US REIT dissolves Sacramento subsidiary
The company said the divestment won’t have a significant impact on REIT finances.
Manulife US REIT plans to divest three properties to raise $453m
This forms part of its Growth and Value Up Plan.
Manulife US REIT secures 24-month US Treasury lease renewal for Penn property
The renewal increases the weighted average lease expiry to 2.3 years.
Manulife US REIT reports lower occupancy rate in Q1
The REIT recently sold a property for $173.55m.
Manulife US REIT sells Atlanta property for $173.55m to pay off debts
This is approximately 58% of its 2026 debts.
Manulife US REIT divests New Jersey property for US$40m
Divestment proceeds will repay 19% of 2026 debt.
Manulife US REIT’s FY2024 NPI drops 30.3% YoY
DPU also dropped 43.9%.
Manulife US REIT warns of net loss amidst 9.3% portfolio valuation decline
The REIT plans to divest properties to repay debt.
Manulife US REIT occupancy rate drops to 77% in Q3
The decline was due to the lower occupancies in Secaucus and Jersey City properties.
Manulife US REIT divests property in California for US$117m
Divestment proceeds fully repaid the REIT's US$130.7m loan due 2025.
Manulife US REIT to clear 2025 loans with US$117m property divestment
It has US$130.7m in loans due by 2025.
Manulife US REIT’s NPI drops 22.7% amidst higher vacancies
The REIT reported a lower occupancy rate of 78.4% in H1.
Manulife US REIT’s occupancy drops to 78.7% in 1Q24
The REIT attributed the drop to TCW's lease expiry.
Manulife US REIT taps John Casasante as CEO and CIO
Casasante’s appointment is still subject to regulatory approval.
Manulife US REIT posts 15.5% YoY lower distributable income of US$74.3m in FY23
The REIT attributed the decrease to lower rental and recoveries income.
Manulife US REIT completes divestment of Park Place in Arizona, US
The divestment is part of the REIT’s recapitalisation plan.
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