Brief: Manulife US Real Estate Investment Trust buys property in New Jersey

Manulife US Real Estate Investment Trust

19/06/2017 12:37

June 19 (Reuters) - Manulife US Real Estate Investment Trust 
 MANU.SI  
    * Acquisition Of Property In New Jersey, 3 Miles From New 
York City 
    * Manulife US REIT makes maiden acquisition in NEW JERSEY, 
u.s. for us$115 million 
    * Acquisition would be accretive to REIT's distribution per 
unit 
    * Manulife US REIT's pro forma net property income for 
FY2016 to increase by 17.7% from US$30.0 million to US$35.3 
million 
    * Pro forma DPU for financial period ended 31 Dec would 
increase by 2.3% to 3.63 US cents post-acquisition 
 
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