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MUST
REITs
Manulife US REIT lives to fight another day following EGM vote
Manulife US REIT gets a new lease of life as unitholders voted overwhelmingly for all three resolutions which were interdependent
December 14, 2023
REITs
Proxy advisor says vote FOR for all three resolutions at Manulife US REIT’s EGM
Proxy advisor Glass Lewis recommends that Manulife US REIT's institutional unitholders vote FOR the three resolutions on Dec 14
December 02, 2023
REITs
Manulife US REIT could keep Phipps, divest non-core assets in refinancing package
Manulife US REIT may keep trophy asset Phipps in refinancing package, selling non-core assets instead .
November 03, 2023
Results
Manulife US REIT's aggregate leverage falls slightly in 3QFY2023 to 56.0% from 56.7%
MUST’s interest coverage fell to 2.4 times as at Sept 30, down from 2.6 times at June 30 and 2.9 times at March 31.
November 03, 2023
REIT Watch
Can Manulife US REIT stay alive till 25?
Manulife US REIT's manager, in a presentation, told attendees MUST plans to stay alive till 25
October 10, 2023
REITs
‘Absolutely’ possible to save Manulife US REIT, says sponsor but time not on its side
Sale of Phipps in conjunction with plan to deal with debt maturities in 2024, 2025 could give MUST reprieve
August 17, 2023
REIT Watch
Sponsor pressed to step up support after Manulife US REIT breaches aggregate leverage ceiling
Calls for the sponsor Manulife US REIT to step in with financial help grows louder
July 20, 2023
REITs
US REITs in the limelight with herd immunity in reach
As the US reaches herd immunity, the economy opens, unemployment falls and growth surges, US S-REITs could attract attention
April 09, 2021