Strategic Review Updates

Strategic Review

In November 2022, the Manager of Manulife US REIT (MUST) announced that it has formed a Strategic Working Group comprising senior members of the Manager and the Board to undertake a review of a variety of options available to MUST to enhance unitholder value. Scroll to find out more about all the latest developments and resources related to the strategic review. You may also subscribe to email alerts for our latest announcements here.

strategic review

Media Reports

Date Media Title
17 Aug 2023 The Edge arrow-right ‘Absolutely’ possible to save Manulife US REIT, says sponsor but time not on its side
17 Aug 2023 The Edge arrow-right Manulife US REIT halts distributions as manager mulls options
16 Aug 2023 REITSWeek arrow-right Manulife US REIT highlights major complexity on road to resume distributions
20 July 2023 The Edge arrow-right Sponsor pressed to step up support after Manulife US REIT breaches aggregate leverage ceiling
18 July 2023 Forever Financial Freedom arrow-right Thoughts on Manulife Reits (MUST) - Decline in Valuations Resulting in Breach of Financial Covenants
25 May 2023 The Edge arrow-right Phipps sale expected to sponsor set to cut Manulife US REIT's leverage as Miraes exclusivity period lapses
24 May 2023 Mingtiandi arrow-right Manulife US REIT Proposes Fresh Asset Sale as Debt Limit Looms, Mirae Talks Lapse
24 May 2023 The Straits Times arrow-right Manulife US Reit to sell Phipps Tower to sponsor; exclusivity period with Mirae lapses
12 Apr 2023 Investment Income For Life arrow-right Manulife US REIT Clarifies That Sponsor Will Retain Its Shareholding And Divestment Of Office Building to Sponsor
12 Apr 2023 Mingitiandi arrow-right Manulife US REIT Sells Oregon Office Park for $33.5M
3 Apr 2023 The Smart Investor arrow-right Share Prices of These 4 Singapore REITs Are Hitting a Year-Low: Can They Recover?
31 Mar 2023 The Edge arrow-right 'Rewards for the brave' who dare to bet on US office S-REITs now: DBS
28 Mar 2023 REITsWeek arrow-right Manulife US REIT issues statement on loans after unit price nosedives
15 Mar 2023 The Edge arrow-right Manulife US REIT's manager confirms it is in discussions with Mirae Asset
15 Mar 2023 REITsWeek arrow-right South Korean investor in talks to acquire stake in Manulife US REIT's manager
29 Nov 2022 CoStar News arrow-right Manulife US REIT Reviewing Options for 5.5 Million-Square-Foot US Office Portfolio
25 Nov 2022 Mingtiandi arrow-right Manulife US REIT names Citi Unit as Advisor for Strategic Review
25 Nov 2022 REITsWeek arrow-right Manulife US REIT appoints Citigroup Global Markets for strategic review
25 Nov 2022 Singapore Business Review arrow-right Manulife US REIT financial advisor for strategic review named