You are here

Home > Companies & Markets

Manulife US Reit completes acquisition of Plaza

Fri, Jul 21, 2017 - 5:50 AM
btnews@sph.com.sg@StephLuoBT

BT_20170721_SHMANULIFE21_2994127.jpg
500 Plaza Drive in New Jersey has an occupancy of 98.9% and a long weighted average lease expiry of 9.2 years based on committed leases as at March 31, 2017.

Singapore

MANULIFE US Reit has completed its maiden acquisition in the US - 500 Plaza Drive (Plaza) in New Jersey - boosting the real estate investment trust's total portfolio valuation by 13.9 per cent to US$950.2 million.

The 11-storey freehold Class A office building has an...

sentifi.com

Market voices on:

Companies & Markets

MindChamps shares tumble 24.8% on Monday afternoon; prompting SGX query

SunMoon unit gets statutory demand for US$1.2m from food supplier

Female representation in boardroom needs wholehearted buy-in from all

Centurion to acquire second student dorm in Nottingham for £15.1m

EHT: Digital publication misrepresented financials underpinning Queen Mary

Koon Holdings ends joint venture with Penta-Ocean amid debt restructuring

BREAKING

Dec 10, 2019 08:23 AM
Companies & Markets

MindChamps shares tumble 24.8% on Monday afternoon; prompting SGX query

SHARES in MindChamps PreSchool sank by as much as 24.8 per cent to 38 Singapore cents on Monday afternoon, hitting a...

Dec 10, 2019 08:20 AM
Stocks

Stocks to watch: SunMoon, Stamford Tyres, Mapletree Logistics Trust, MindChamps

THE following companies saw new developments that may affect trading of their shares on Tuesday:

Dec 10, 2019 08:17 AM
Companies & Markets

SunMoon unit gets statutory demand for US$1.2m from food supplier

FRUITS distributor SunMoon Food Company on Tuesday said its wholly-owned subsidiary has received a statutory demand ...

Dec 10, 2019 08:15 AM
Banking & Finance

HSBC eyes selling retail bank business in France: sources

[PARIS] HSBC bank is looking to sell part or all of its retail banking business in France, which employs thousands...

Dec 10, 2019 08:13 AM
Stocks

Tokyo: Stocks open lower in cautious trade

[TOKYO] Tokyo stocks opened lower on Tuesday in cautious trade ahead of key events this week including the US...

Purchase this article
subscribe to
The Business Times
Stay connected with The Business Times
premium content on your favourite platforms
CALL 6388 3838
SUBSCRIBE NOW
Download Our
Apps
Stay up to date with The Business Times for
Stay Updated
Choose which free BT newsletters to sign up for here, or get them all below:
Breakfast Brief
every morning
Daily Debrief
every evening
BT Garage
weekly
BT Lifestyle
weekly