Asset ValuationManulife US REIT is impacted by devaluations due to a reset in commercial values in the USA on the back of higher interest rates and rising market vacancies.
Cash Flow ManagementThe REIT is likely to remain on a cash preservation mode, with cashflow generated from operations to be utilized towards capex and debt repayment.
Financial PositionThe financial position remains stretched, with a mixed operational outlook as some properties face challenges.