2017-01-05
MANULIFE US REIT BTOU.SI
Manulife US REIT - A Pure-Play On The Rebounding US economy
Manulife US REIT (MUST) is the only listed REIT in Asia offering the best proxy to the rebounding US economy and strengthening USD via its three freehold office properties. The REIT offers a superior FY17F yield of 7.7%, which is at a healthy 100bps above its Singapore peers.
The leases also have inbuilt rent escalation clauses averaging 3% pa, providing strong visibility on DPU growth.
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