Manulife US REIT dissolves Sacramento subsidiary
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Manulife US Real Estate Investment Trust (Manulife US REIT) has announced the voluntary dissolution of its subsidiary, Hancock S-REIT Sacramento LLC, which owned the Capitol property in Sacramento, California. The company stated that this divestment will not significantly impact its finances, specifically the consolidated net tangible assets or earnings per unit for the financial year ending December 31, 2025. Additionally, none of the directors of the Manager have any interest in the subsidiary's winding-up.
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Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
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