Brief: Manulife Us REIT Entered A Purchase Deal To Buy Property In Tempe, Arizona For $61.75 Mln

Manulife US Real Estate Investment Trust

30/11/2021 01:08

Nov 30 (Reuters) - Manulife US Real Estate Investment Trust
 MANU.SI :
    * ENTERED A PURCHASE DEAL WITH TEMPE DIABLO LLC TO BUY
PROPERTY IN
TEMPE, ARIZONA FOR US$61.75 MILLION
    * TO ACQUIRE PROPERTY IN CHANDLER, ARIZONA FOR A PURCHASE
CONSIDERATION OF US$106.0 MILLION
    * TO ACQUIRE PROPERTIES IN HILLSBORO, OREGON FOR A PURCHASE
CONSIDERATION OF US$33.85 MLN
    * ACQUISITIONS ASSUMED TO BE FUNDED VIA DRAWDOWN OF LOAN
FACILITIES OF US$127.7 MLN AND PRIVATE PLACEMENT OF ABOUT
US$80.0 MLN

Source text for Eikon:  ID:nSN11Smgw 
Further company coverage:  MANU.SI 

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