Shares & Derivatives
My Thoughts on the Manulife Reit IPO
By A Path to Forever Financial Freedom (3Fs)  •  May 15, 2016
I spent the weekend reading the prospectus of Manulife Reit as part of my case study to understand the different set up for Reits better and thought I'll summarized my findings below. You might recall in late July last year, Manulife was planning to launch their Reits IPO but pulled out towards the end due to poor market sentiments on the stock market and the upcoming interest rate hike. Recently, they revive their IPO launch on the Singapore Exchange Mainboard to offer shareholders a chance to own a pure US office real estate play, aiming to raise US$519.2 million consisting of 396.6 million units at US$0.83 / share. In case you are interested, do watch out the indicative timetable below: Assets Portfolio The Reit's initial portfolio consists of 3 office properties located in Atlanta, Los Angeles and Irvine in Orange Country, California with a combined value of ......
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By A Path to Forever Financial Freedom (3Fs)
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