Manulife US Reit joining FTSE EPRA Nareit Global Developed Index
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Singapore
MANULIFE US Reit will be included in the FTSE EPRA Nareit Global Developed Index with effect from Dec 23, the manager of the pure-play US office real estate investment trust said in a Singapore Exchange filing on Thursday.
Jill Smith, chief executive officer of the Reit manager, said the inclusion in the index signifies higher trading liquidity and visibility to institutional investors and property funds, as well as a potential positive rerating of the units.
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