Manulife US REIT Continues to Witness Strong Leasing Momentum with Minimal Leases due in 2020
March 19, 2020- Manulife US Real Estate Investment Trust, the first pure-play U.S. office REIT listed in Asia, today indicated that its portfolio remains resilient to the global economic uncertainties and has experienced strong leasing momentum year-to-date (YTD). As at 13 March 2020, MUST had executed ~138,000 sq ft of leases (2.9% of the portfolio by NLA) with long tenures averaging 7.8 years and rental reversions of +8.1%.
