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Manulife US Reit rides millennial wave

Trust sees demographic supporting its optimism about its two recent acquisitions in the New Jersey district.

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Manulife US Reit acquired 500 Plaza Drive (above) for US$115 million and completed the acquisition of 10 Exchange Place for US$315.1 million.

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Manulife US Reit acquired 500 Plaza Drive for US$115 million and completed the acquisition of 10 Exchange Place for US$315.1 million.

New Jersey

IT IS not quite Manhattan, but the area of New Jersey across the Hudson River from New York's pulsating financial centre is teeming with the lifeblood of the future: Millennials.

For Manulife US Reit, that is the demographic foundation that supports its optimism about...

sentifi.com

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