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Manulife US REIT seeks approval for diversification away from office properties

Debt-heavy firm proposes sales to fund acquisitions in industrial, multifamily and retail sectors
Phipps Tower in Atlanta is one of seven U.S. office properties owned by Singapore-based Manulife US Real Estate Investment Trust. (CoStar)
Phipps Tower in Atlanta is one of seven U.S. office properties owned by Singapore-based Manulife US Real Estate Investment Trust. (CoStar)
CoStar News
December 1, 2025 | 5:25 P.M.

Manulife US Real Estate Investment Trust is asking shareholders to approve a restructuring plan that would transform the struggling office real estate investment trust into a diversified owner of industrial, multifamily and retail properties in the United States and, for the first time, Canada.

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News | Manulife US REIT seeks approval for diversification away from office properties