The duo are a rescue team of sorts, joining the manager as it implements the first of a three-phase recapitalisation plan, which the REIT’s unitholders approved at an extraordinary general meeting in December 2023.
Manulife US REIT’s (MUST) new management hit the ground running, fronting the US office REIT’s Aug 5 results briefing for 1HFY2024 ended June.
Effective June 30, John Casasante is the new CEO and CIO of the manager. Mushtaque Ali, from sponsor Manulife, is the new CFO of the manager. They replace four members of the REIT’s previous management team.
