Manulife US Real Estate Investment Trust, a Singapore-traded REIT that owns 11 major U.S. offices, reported lower revenue, profits and property values for the first half of 2023, forcing it into negotiations with its lenders.
Atlanta Tower Sale Stalls as Manulife US REIT Office Holdings’ Values Decline Almost 15%
Singapore-Based REIT in Negotiations with Lenders To Bolster Lower Liquidity
CoStar News
August 16, 2023 | 10:40 P.M.
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IN THIS ARTICLE
- Properties
- Phipps Tower
3438 Peachtree Rd, Atlanta, GA
- Companies
- Manulife Financial Corporation
Finance and Insurance