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The latest update is out from Manulife US REIT ( (SG:BTOU) ).
Manulife US Real Estate Investment Trust announced the redemption of 115 preferred units by its indirect subsidiary, Hancock S-REIT ATL LLC, which previously held the Peachtree property in Atlanta, Georgia. The redemption, amounting to approximately US$0.1 million and funded from internal resources, is not expected to impact the consolidated net tangible assets or earnings per unit for the financial year ending December 2025.
The most recent analyst rating on (SG:BTOU) stock is a Buy with a $0.22 price target. To see the full list of analyst forecasts on Manulife US REIT stock, see the SG:BTOU Stock Forecast page.
More about Manulife US REIT
Manulife US Real Estate Investment Trust (Manulife US REIT) is a real estate investment trust established under Singaporean law, focusing on investments in a diversified portfolio of income-producing office real estate in key markets in the United States.
Average Trading Volume: 4,464,300
Technical Sentiment Signal: Strong Sell
Current Market Cap: $113.7M
See more insights into BTOU stock on TipRanks’ Stock Analysis page.