MUST reported FY2022 ended December results on Feb 9, with distribution per unit (DPU) of 2.14 US cents (2.835 cents) for the 2HFY2022 ended Dec 31, 2022, 18.6% lower than the DPU of 2.63 US cents reported in the 2HFY2021.
Analysts are remaining positive on Manulife US REIT (MUST) (SGX:BTOU
) after the REIT’s FY2022 results.
To RHB Group Research analyst Vijay Natarajan, the REIT is taking the right measures to rein in elevated gearing amid a decline in valuations.
