SUBSCRIBERS
Manulife Reit coy about location of next acquisition
Published Mon, Sep 4, 2017 · 09:50 PM
Singapore
THE management of Manulife US Reit, which over the weekend announced its acquisition of an office building in New Jersey for US$313.2 million, is keeping mum on which other US cities it is planning to expand into next.
One thing clear though is that it will probably not enter gateway cities such as New York because of low office yields there.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Gold holds steady as investors focus on US Fed meeting
Singapore shares open in the red on Tuesday; STI down 0.3%
Huawei’s pivotal role in the US-China tech war, from 5G to chips
CDL Hospitality Trusts reports 6.8% higher Q1 net property income of S$34.9 million
Starhill Global Reit posts 0.9% lower Q3 net property income of S$37.7 million
Binance and CZ’s fortunes are set to grow, jail or no jail