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Manulife US REIT still a top pick amid DPU visibility, favourable US office market outlook

Uma Devi
Uma Devi • 4 min read
Manulife US REIT still a top pick amid DPU visibility, favourable US office market outlook
SINGAPORE (Aug 20): Market watchers continue to favour Manulife US REIT (MUST) for its high distribution per unit (DPU) visibility on the back of stable income growth and low leasing risks.
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SINGAPORE (Aug 20): Market watchers continue to favour Manulife US REIT (MUST) for its high distribution per unit (DPU) visibility on the back of stable income growth and low leasing risks.

The US office REIT saw a fundamentally strong 2Q19, with robust performance across a number of key financial metrics.

For a start, a DPU of 1.53 US cents was declared, some 17.7% higher than the 1.30 US cents DPU declared for the same quarter the previous year.

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