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Manulife US Reit posts 2% fall in Q3 DPU on enlarged unit base
Both gross revenue and net property income up more than 10% on the back of its acquisitions
Published Mon, Nov 4, 2019 · 09:50 PM
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Singapore
MANULIFE US Reit on Monday posted a 2 per cent fall in its third-quarter distribution per unit (DPU) to 1.48 US cents for the three months ended Sept 30, down from 1.51 US cents a year ago.
This was mainly due to an enlarged unit base following a placement and preferential offer…
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