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Manulife US REIT (MUST)
REITs
REITs have had a good run, yield compression may have come to an end
(Nov 18): Yields on 10-year Singapore Government Securities have been rising, albeit gently from a low base (see Chart 1). Similarly, yields on 10-year US Treasuries are also rising, from a low of 1.4% in September to 1.945% as at Nov 11 (see Chart 2). On
November 15, 2019
Broker's Calls
Brokers Digest 907
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Price targets:
$1.01 BUY (UOB Kay Hian)
$1.06 BUY (Maybank Kim Eng Research)
$0.99 ACCUMULATE (Phillip Securities)
$1.04 BUY (DBS Group Research)
$1.03 BUY (OCBC Investment Research)
All five research reports sig
November 08, 2019
REITs
Yield-accretive data centres and offices spur DPU, NAV and AUM growth
SINGAPORE (Sept 23): Since the start of September, four real estate investment trusts and one business trust have announced equity raisings. So far this year, S-REITs have raised more than $3 billion in equity fundraisings, excluding REIT IPOs (see Table
September 20, 2019
Equity raising
Manulife US REIT to acquire California office building for $273.5 mil; launches equity fund raising
SINGAPORE (Sept 19): The manager of Manulife US Real Estate Investment Trust says it has entered into a purchase agreement to acquire a freehold 29-storey Class A office building in California for an estimated aggregate purchase consideration of US$198.8
September 19, 2019
Investing ideas
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.
August 20, 2019
Yield watch
Who's the best friend of REITs?
SINGAPORE (June 28): Singapore REITs raised $1.35 billion through placements in the first half of this year, that was used mainly for acquisitions.
June 28, 2019
Broker's Calls
Manulife US REIT scores big with US$122 mil Centrepoint acquisition
SINGAPORE (May 3): Maybank Kim Eng and RHB Research are reiterating their “buy” calls on Manulife US REIT (MUST) with the respective target prices of US$1 and 96 US cents.
May 03, 2019
Broker's Calls
Strong start to FY19 keeps Manulife US REIT at 'buy'
SINGAPORE (Apr 26): Analysts are keeping their “buy” calls on Manulife US Real Estate Investment Trust (Manulife US REIT), after the group reported a strong start to the year.
April 26, 2019
Broker's Calls
Manulife US REIT started at 'buy' by Maybank on strong US fundamentals
SINGAPORE (Mar 25): Manulife US REIT (MUST), with seven high-quality freehold US office assets, is proxy to favourable US macro-economic fundamentals, says Maybank KimEng.
March 25, 2019
Results
Manulife US REIT posts 7.7% rise in 4Q DPU to 1.53 US cents
SINGAPORE (Feb 11): Manulife US Real Estate Investment Trust (Manulife US REIT) has announced a 7.7% increase in distribution per unit (DPU) to 1.53 US cents (2.07 cents) for the 4Q18 ended December, compared to 1.42 US cents a year ago.
February 11, 2019