Manulife US REIT reports continued decline in revenue amid asset disposals

Manulife US REIT (MUST) reported declining revenues and income in the first half of 2025, as the impact of property disposals weighed on its operational performance despite ongoing efforts to strengthen its financial position.

The Singapore-listed REIT announced on 14 August 2025 that same-store gross revenue fell 13.1% to USD52.4 million for the six months ended 30 June 2025, whilst same-store net property income declined 11.2% to USD26.5 million.