The unit price of MUST is hovering around its all-time low at between 5 US cents (6.7 cents) and 8 US cents since August 2023.
The year 2024 is likely to be a better one for the Singapore REIT (S-REIT) sector on the whole, ahead of anticipated rate cuts by the US Federal Board, say market watchers.
That could buy crucial time for troubled Manulife US REIT (MUST) to live another day and repay investors who are betting on a reversal of its fortunes.
