Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest announcement is out from Manulife US REIT ( (SG:BTOU) ).
Manulife US REIT announced that the new withholding tax under Section 1446(f) of the United States Internal Revenue Code will not apply to its unitholders. The trust has structured itself as a publicly traded partnership not engaged in a US trade or business, thus qualifying for an exception from the withholding tax. This means unitholders and brokers handling unit transfers will not need to withhold the tax, nor will unitholders be required to file a US federal income tax return or obtain a US tax identification number due to these rules. A Qualified Notice has been issued to confirm this status, effective from 30 June 2025, and will be updated quarterly.
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 constituted under the laws of the Republic of Singapore. It is managed by Manulife US Real Estate Management Pte. Ltd. and focuses on investing in a diversified portfolio of income-producing office real estate in key markets in the United States.
Average Trading Volume: 3,646,559
Technical Sentiment Signal: Strong Sell
Current Market Cap: $110.1M
For a thorough assessment of BTOU stock, go to TipRanks’ Stock Analysis page.