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Brokers' take

Published Mon, Mar 25, 2019 · 09:50 PM
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Manulife US Reit | Buy (initiate) March 25 close: US$0.85 Target price: US$1.00 Maybank Kim Eng, March 22

Manulife US Reit, with its seven freehold US office assets backed by high-quality tenancies, remains a good proxy for favourable US macroeconomic fundamentals.

The Reit's weighted average lease expiry is a relatively long 5.8 years by net leasable area with lease expiries …

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