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REITs
Headwinds in 2020 largely in the price as Manulife US REIT looks forward to 2021
Manulife US REIT announced a 5.4% y-o-y decline in DPU to 5.64 US cents as manager looks to business parks for growth in 2021
February 08, 2021
M&A
Manulife US REIT acquires Virginia asset for US$122 mil; proposes US$94 mil private placement to fund deal
SINGAPORE (April 29): Manulife US REIT has agreed to acquire a freehold 11-storey Class ‘A’ office asset at the Washington Metropolitan area in Fairfax, Virginia, for a consideration of US$122 million ($166.1 million) from Carr Properties.
April 29, 2019