Manulife US REIT (SG:BTOU) has released an update.
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Manulife US Real Estate Investment Trust has completed the voluntary winding-up and dissolution of its indirect subsidiary, Hancock S-REIT Portland LLC, which formerly held the Tanasbourne property in Hillsboro, Oregon. This move is part of a strategic divestment process and is not expected to materially affect the REIT’s consolidated net tangible assets or earnings per unit for the financial year ending December 31, 2024.
For further insights into SG:BTOU stock, check out TipRanks’ Stock Analysis page.
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