Group Note 2025 2024 US$’000 US$’000 Gross revenue 15 113,914 167,582 Property operating expenses 16 (60,736) (87,708) Net property income 53,178 79,874 Interest income 1,385 3,277 Manager’s base fee (2,838) (4,251) Trustee’s fee (180) (226) Other trust expenses 17 (2,008) (2,546) Finance expenses 18 (34,608) (48,099) Net income before tax and fair value changes 14,929 28,029 Net fair value change in derivatives (11,666) (16,577) Net fair value change in investment properties 6 (83,515) (187,936) Loss on disposal of investment properties (3,323) (1,618) Net loss for the year before tax (83,575) (178,102) Tax (expense)/income 19 (4,078) 99 Net loss for the year attributable to Unitholders (87,653) (178,003) Earnings per Unit (“EPU”) (US cents) Basic and diluted EPU 20 (4.78) (9.70) The accompanying notes form an integral part of the financial statements. CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME For the year ended 31 December 2025 / 101 / MANULIFE US REIT
RkJQdWJsaXNoZXIy NTM2MDQ5