- First kind of REIT to have assets in the United States. It is a pure play of United States office assets.
- Strong sponsor Manulife Real Estate with US$15 billion in real estate assets around the globe as of 31 December 2015.
- A form of asset diversification to My Sweet Retirement stock portfolio.
- Forecast attractive annualized yield of 6.6% (3.65 US cents).
Manulife US REIT was recently listed on SGX on 20th May 2016. It is the first IPO in Singapore with United States office assets. The IPO was priced at US$0.83 per unit. I am not going to write about the financials of Manulife US REIT in this post as you can find the details in their investor reports. I will focus on the factors leading to my decision not to subscribe to this IPO.
Here are a few tempting factors for me to look into this REIT
