Manulife US Real Estate Investment Trust (MUST) is a REIT listed on the Singapore Exchange Securities Trading Limited since 20 May 2016. MUST’s portfolio comprises nine Class A office properties located in California, Georgia, New Jersey, and the Washington D.C. metropolitan area with a combined asset value of US$2.0 billion (as at 31 December 2020). The COVID-19 pandemic led to a sharp economic decline in the U.S., leading many experts to predict a bleak future for office properties. Similar to many S-REITs, MUST’s unit price declined in 2020 before staging a recovery. At MUST’s 2021 AGM, CEO Jill Smith took investors through MUST’s FY2020 performance and its developments moving ahead. Here are eight things I learned from the 2021 Manulife US REIT AGM. 1. Despite the pandemic, MUST reported higher net property Income (NPI) and distributable income for FY2020.  They increased to US$115.8 million and US$89.0 million respectively during FY2020...