- As of Mar 2018, 120 tenants
- 7 commercial office properties
- Land Tenure is freehold
- Weighted Average Lease Expiry of Tenants 6.3 years
- Average rental escalation of 2.7%
- Nature of leases tend to be 3 to 10 years
- Debt to Asset of 37%
- 100% Fixed Debt
- Weighted Average Interest Rate 3.27%
- Build in CPI or Fixed Rental Escalation
- USD Denominated
Manulife US REIT is a unique commercial office REIT.
The dividend per unit is about US$0.06. At current share price of US$0.845, the dividend yield is 0.06/0.845 = 7.1%.
The dividend yield might not look like much but as an investor, you might be interested in its profile: