BT Mark to Market: Is Manulife US Reit a bargain? (Ep 32)

    • What will it take to resurrect this owner of US office properties?
    • What will it take to resurrect this owner of US office properties? PHOTO: BTVISUAL
    Published Mon, Jun 12, 2023 · 05:50 AM

    Synopsis: Listen to senior correspondent Ben Paul’s analysis and insight on market trends and corporate issues in Singapore in this podcast series based on his weekly column in The Business Times.

    Manulife US Reit is trading at a historical yield of 28 per cent and an appalling 70 per cent discount to its book value. Is it a bargain for investors? Or, is it a value trap? What will it take to resurrect this owner of US office properties? Senior correspondent Ben Paul explains.

    Highlights: 

    02:31 Recent developments at the Reit could be positive for investors

    07:40 Manulife should emulate example of CapitaLand, Mapletree

    12:27 Sale of Manulife US Reit can be structured to benefit investors

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    14:17 Why Manulife US Reit could be a bargain for long term investors

    Written and hosted by: Ben Paul (benpaul@sph.com.sg)

    Edited by: Howie Lim & Claressa Monteiro 

    Recording engineer: Joann Chai Pei Chieh

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