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

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Published Tue, Aug 8, 2017 · 09:50 PM

    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

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