Atlanta

Broker's Calls

Why RHB is nothing but positive on Manulife US REIT's latest acquisitions

SINGAPORE (Apr 16): RHB is maintaining its “buy” on Manulife US REIT but raising its target to US$1 from 98 US cents to factor in 1-2% higher FY18-20 DPU forecasts on contributions from its latest acquisitions.

Property

Manulife US REIT acquires two properties from sponsor for US$387 mil

SINGAPORE (Apr 13): Manulife US REIT is acquiring two office properties – namely 1750 Pennsylvania Avenue (Penn) in Washington DC and Phipps Tower (Phipps) in Buckhead, Atlanta – from its sponsor’s indirectly wholly-owned subsidiary, John Hancock L

GLP signs long-term lease extensions for 3 US facilities

SINGAPORE (Jan 12): Global Logistic Properties (GLP) has signed long-term lease extensions with “a leading global appliance company” at three US facilities in Columbus, Ohio; Atlanta, Georgia; and Orlando, Florida, all of which account for a total of
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