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....