Shares & Derivatives
Manulife US REIT 1QFY2022 Updates
By My Sweet Retirement  •  May 9, 2022
Today, Manulife US REIT has provided their key business and operational updates for 1QFY2022. An operational update means that there are no detailed financial information being provided. Below is a quick update from Manulife US REIT on its occupancy, lease expiry profile, debt and business operational updates. In the update, Manulife US REIT shared that decision makers are unclear on office space requirements due to global uncertainties and employees’ slow return to office. As employers adopt the hybrid working model, the manager may see an increase of 10% of employees working from home. Thus, Manulife US REIT is facing headwinds right now. The good news is that employment in most office-using sectors are above pre-COVID-19 levels, led by professional services (+5.2%), information (+0.7%) and financial activities (+0.3%). 1Q 2022 leasing volume increased by 13.8% Quarter-on-Quarter with overall leasing volume at estimated 80% of pre-pandemic levels....
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By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.

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