
Manulife US REIT to start trading on May 20
It will be Singapore's 30th REIT.
Manulife US REIT has defied the odds and is scheduled to start trading on the Mainboard on May 20, almost a year after shelving its first attempt at a Singapore IPO.
The REIT will be the 30th real estate investment trust listed on the SGX. It will invest, directly or indirectly, in a portfolio of income-producing office real estate in key markets in the United States, as well as real estate-related assets.
Manulife US REIT's portfolio will comprise three freehold office properties in the United States, namely Figueroa, Michelson and Peachtree. It will be the first pure-play US REIT listed on the SGX.