The Business Times
business-time-50
SUBSCRIBERS

Manulife US Reit beats Q2 forecasts; DPU of 1.58 US cents

google-preferred-sourceAdd BT as a preferred source
Published Tue, Aug 8, 2017 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    MANULIFE US Real Estate Investment Trust (Reit) posted on Tuesday better-than-expected results for the second quarter. It also announced a US$51.6 million mortgage facility for its new office property in New Jersey.

    While rental growth pace across the US has slowed, its Reit manager said that it was still expecting positive rental reversions for its properties.

    manulife us reitManulife

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback

    TRENDING NOW

    DBS filed the bankruptcy application after serving statutory demands to the directors of Autobahn Rent A Car in December 2025.

    Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS

    Property-based taxes may have limited room to run – and pushing them further risks hitting the wrong people, observers say.

    In taxing wealth, how far can Singapore push property owners?

    Loyang Valley sits on a 840,648 sq ft plot of land, which now houses 362 apartments.

    Loyang Valley sold for S$880 million to SingHaiyi-led consortium

    The price tag for the Nassim Road GCB works out to nearly S$4,550 per square foot.

    Nassim Road bungalow changing hands for S$64.9m 

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More