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Manulife US REIT Reports 9.3% Decline in Portfolio Valuation Amid Strategic Adjustments
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Manulife US REIT Reports 9.3% Decline in Portfolio Valuation Amid Strategic Adjustments

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Manulife US REIT ( (SG:BTOU) ) has shared an announcement.

Manulife US REIT has reported a 9.3% year-over-year decline in its portfolio valuation, amounting to a decrease of US$116.6 million, as of December 31, 2024. Despite this, the company is actively engaging in strategic capital and asset management, including divestment discussions and a planned repayment of US$200 million to lenders by 2025, aiming to meet its Net Proceeds Target and enhance portfolio resilience.

More about Manulife US REIT

Manulife US Real Estate Investment Trust (Manulife US REIT) is a real estate investment trust established under Singaporean law, focusing on owning and managing commercial real estate properties in the United States.

YTD Price Performance: 2.22%

Average Trading Volume: 4,375,349

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $163.4M

For a thorough assessment of BTOU stock, go to TipRanks’ Stock Analysis page.

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