Manulife US REIT reports fiscal 2025 results with occupancy holding steady at 67.7% and portfolio weighted average lease expiry of 4.5 years. The trust executed 407,000 square feet of accretive leases, representing 11.5% of portfolio net leasable area. Portfolio valuations declined slightly by 1.6% to USD 913.8 million, while aggregate leverage increased to 58.4%. The weighted average interest rate improved to 4.58% as of December 31, 2025, down from 4.69% in Q3. Unitholders approved the Growth and Value Up Plan in December 2025, and lenders approved master restructuring agreement concessions, enabling the REIT to exit the MRA framework and pursue portfolio diversification to enhance long-term value creation for investors.
Post from MarketNews_en
Log in to interact with content.