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Manulife US REIT ( (SG:BTOU) ) has issued an update.
Manulife US Real Estate Investment Trust has announced that its indirect subsidiary, Hancock S-REIT Sacramento LLC, which previously held the Capitol office property in Sacramento, California, has been voluntarily wound up and dissolved following the completion of the asset’s divestment. The manager stated that the winding-up will not have a material impact on the REIT’s consolidated net tangible assets or earnings per unit for the financial year ending 31 December 2025, indicating that the move is largely administrative in nature and does not alter unitholders’ economic interests or the REIT’s broader financial position.
The most recent analyst rating on (SG:BTOU) stock is a Hold with a $0.07 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 is a Singapore-listed real estate investment trust that invests primarily in income-producing office properties in the United States, providing investors with exposure to U.S. commercial real estate through a managed portfolio of assets.
Average Trading Volume: 2,617,303
Technical Sentiment Signal: Strong Sell
Current Market Cap: $124.4M
For an in-depth examination of BTOU stock, go to TipRanks’ Overview page.