MANULIFE US Reit will be included in the FTSE EPRA Nareit Global Developed Index with effect from Dec 23, 2019, the manager of the pure-play US office real estate investment trust said in a bourse filing on Thursday.
Jill Smith, chief executive officer of the Reit's manager, said the Reit's inclusion in the index signifies higher trading liquidity and visibility to institutional investors and property funds, as well as a potential positive rerating. Manulife US Reit has tripled its market cap to US$1.5 billion since it went public three and a half years ago, she added.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Proper US-China trade deal more important than timing: US Commerce chiefU.S. Commerce Secretary Wilbur Ross on Tuesday said it was more important to get a proper trade agreement with China than to get the deal done by ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Indonesia preps US$40 billion for a metro to rival Singapore and Hong KongJAKARTA (BLOOMBERG) - Indonesia is preparing to spend about US$40 billion (S$54.5 billion) to extend Jakarta's metro network, a bigger-than-expected outlay that's poised to boost the country's construction companies and reignite a rivalry between China and Japan over building the project.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Trump has upended relationships with nine of 10 top US trading partnersWASHINGTON: During his election campaign in 2016, U.S. President Donald Trump promised to shake up global trade and bring down America's growing ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
China warns US of a 'price' for Uighur billChina warned Wednesday that a 'price must be paid' after the US House of Representatives overwhelmingly passed legislation seeking sanctions against senior Chinese officials over the crackdown on mainly Muslim Uighurs in Xinjiang. US President Donald Trump had already angered Beijing after
Source: YahooSG - 🏆 3. / 71 Read more »
China warns US of a 'price' for Uighur BillBEIJING: China warned Wednesday (Dec 4) that a 'price must be paid' after the US House of Representatives overwhelmingly passed legislation ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Trump says new US law on Hong Kong doesn't help China trade talksU.S. President Donald Trump said on Monday U.S. legislation backing protesters in Hong Kong did not make trade negotiations with China easier, but ... viriyabot Or he could just say the obvious, it hurts trade talks. I wonder when he said that because just yesterday I penned a tweet on that very subject pointing out mainly that those saying it’s not tied to trade, doesn’t effect trade talks is misguided, China won’t forget about that.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »