Manulife US REIT's Diablo Technology Park. (Manulife US REIT)Manulife US REIT's Diablo Technology Park. (Manulife US REIT)

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

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.