The unit price Manulife US REIT fell to a record low of USD0.048 amid a high volume of married deals on 15 September.
Manulife US REIT is a Singapore Exchange (SGX)-listed REIT with a portfolio of exclusively US office assets.
The REIT is currently beleaguered with several issues, including an over-the-regulatory-limit gearing level and difficult market conditions in the US.
Related: Manulife US REIT highlights major complexity on road to resume distributions
Dear members, please login to continue reading this article.
Don’t miss out on information beyond mainstream media reports that may impact your investments.
Login or sign-up for a free 25-day trial here. Why subscribe?