Manulife US Real Estate Investment Trust narrows net loss, distributing 0.6 cents per unit | Lianhe Zaobao
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Manulife US REIT's net loss for the second half of the fiscal year 2025 narrowed to USD 32.3 million, a year-on-year decrease of 83.3%. Distributable income was USD 10.62 million, a year-on-year decline of 31.1%, with a distribution per unit of 0.60 cents (approximately 1.27 Singapore cents), a year-on-year decrease of 31%. Despite the reduction in net loss, the earnings performance remains poor, mainly due to declines in net rental income and interest income
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