2026 2025 January 2025 • Announced portfolio valuation decline of 9.3% in FY2024 with signs of stabilisation in some submarkets, while other submarkets continued to face leasing challenges August 2025 • Income available for distribution of US$14.9 million for 1H2025 mainly due to loss of income from the sale of Capitol, Plaza and Peachtree • Ranked 13th among 42 REITs and Business Trusts in the Singapore Governance and Transparency Index (SGTI) 2025 October 2025 • Announced 11-year new lease with Banc of California to take 40,000 sq ft at Figueroa with signage rights • Retained highest rating and recognition in GRESB2: – Real Estate Assessment: 5 Star for the eighth year – Public Disclosure: ‘A’ grade, 2nd out of 10 U.S. office peers November 2025 • Announced 24-month lease renewal signed with US Treasury at Penn, starting August 20251 December 2025 • Tabled two resolutions at the EGM for the Disposition Mandate and Acquisition Mandate, and obtained strong support from Unitholders for both resolutions March 2026 • Income available for distribution of US$25.5 million for FY2025 mainly due to divestments of Capitol, Plaza and Peachtree, as well as higher vacancies and lower lease termination income • Portfolio valuation declined 1.6% to US$913.8 million, but was relatively flat at US$815.7 million without Figueroa which is held for sale 1 Includes a termination option after 12 months. 2 The GRESB Real Estate Assessment is a global standard for ESG benchmarking based on sustainability performance and best practices, while the Public Disclosure focuses on the transparency of listed real estate companies and REITs regarding their ESG commitments. April 2025 • Held in-person Annual General Meeting (AGM) on 30 April 2025 May 2025 • Sold Peachtree for net proceeds of US$123.6 million • Secured lenders’ approval to extend deadline for the disposal of assets by six months to 31 December 2025 June - July 2025 • Partially paid down debts due in 2026, 2027 and 2028 with net proceeds from Peachtree sale and US$25.0 million of cash February 2025 • Income available for distribution of US$38.3 million for FY2024 mainly due to lower rental and recoveries income from higher vacancies, lower lease termination income, and divestments of Tanasbourne, Park Place and Capitol • Sold Plaza for net proceeds of US$40.0 million March 2025 • Paid down US$40.0 million of MUST’s 2026 debts / 13 / MANULIFE US REIT
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