You are here


Manulife US Reit ends debut 4.8% below IPO price



SHARES of Manulife US Real Estate Investment Trust (Reit) traded below water on the stock's debut on Friday amid higher expectations of a US interest rate hike in June.

The counter closed at 79 US cents on Friday, or about 4.8 per cent below its initial public offering (...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to