Since REITs began listing in Singapore in 2002, they have experienced at least one Great Recession following the Global Financial crisis of 2008-2009 and one pandemic, which we are still fighting against. Yet, over the two decades, REITs have delivered some of the best gains compared to other asset ...

Following the acquisition of three office park assets in Phoenix and Portland in the US on Nov 30, analysts are positive on Manulife US REIT’s (MUST) prospects. CGS-CIMB Research analysts Lock Mun Yee and Eing Kar Mei have kept “add” on MUST with an unchanged target price of 91.8 US cents ($1....

THE manager of Manulife US Real Estate Investment Trust (Manulife US Reit) could not have picked a worse time to attempt raising US$80 million through a placement of new units. But it managed to more than pull the deal off.

Two S-REITs acquired projects-under-development in recent days. Keppel REIT announced plans to acquire a 100% of Blue & William, a freehold Grade A office building currently under development in North Sydney. The total development cost is A$327.7 million (or approximately $317.7 million). Blue &...

Following its intent to raise US$80.0 million ($109.7 million) through a proposed private placement on Nov 30, Manulife US REIT announced, on Dec 1, that it has raised a total of US$100.0 million. See: Manulife US REIT to raise US$80.0 mil through private placement The sum includes the upsize opti...

MANULIFE US Real Estate Investment Trust (Manulife US Reit) (BTOU)'s private placement closed about 2 times covered and was priced at US$0.649 per new unit.

MANULIFE US Real Estate Investment Trust (Manulife US Reit) (BTOU)'s private placement closed about 2 times covered and was priced at US$0.649 per new unit.

THE following companies saw new developments that may affect trading of their securities on Wednesday (Dec 1):

MANULIFE US Real Estate Investment Trust (Manulife US Reit) announced on Tuesday (Nov 30) that it is acquiring 3 properties in the United States for US$201.6 million, as it increases its exposure to high-growth markets and tenants to drive returns.

MANULIFE US Real Estate Investment Trust (Manulife US Reit) (BTOU) announced on Tuesday (Nov 30) that it would acquire 3 properties in Arizona and Oregon, US, for US$201.6 million.