Manulife Reit coy about location of next acquisition
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Singaporeans can now buy record amount of yen per Singdollar
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain
