Manulife US REIT's indirect subsidiary redeems all outstanding preferred units

Felicia Tan2023-06-01

The indirect subsidiary used to hold MUST’s Tanasbourne property located in Hillsboro, Oregon, in the US.Hancock S-REIT Portland, an indirect subsidiary of Manulife US REIT (MUST) BTOU, has redeemed ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2340756903?lang=en_US&edition=full_marsco","thumbnail":"","is_english":true,"pubTime":"2023-06-01 00:38","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2340756903","market":"other","top_or_hot":-1,"title":"Manulife US REIT's indirect subsidiary redeems all outstanding preferred units","media":"Felicia Tan","content":"<div>\n<p>The indirect subsidiary used to hold MUST’s Tanasbourne property located in Hillsboro, Oregon, in the US.Hancock S-REIT Portland, an indirect subsidiary of Manulife US REIT (MUST) BTOU, has redeemed ...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/reits/manulife-us-reits-indirect-subsidiary-redeems-all-outstanding-preferred-units?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n","source":"edge_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Manulife US REIT's indirect subsidiary redeems all outstanding preferred units</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nManulife US REIT's indirect subsidiary redeems all outstanding preferred units\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-01 00:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/news/reits/manulife-us-reits-indirect-subsidiary-redeems-all-outstanding-preferred-units?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>Felicia Tan</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The indirect subsidiary used to hold MUST’s Tanasbourne property located in Hillsboro, Oregon, in the US.Hancock S-REIT Portland, an indirect subsidiary of Manulife US REIT (MUST) BTOU, has redeemed ...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/reits/manulife-us-reits-indirect-subsidiary-redeems-all-outstanding-preferred-units?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"REIT","symbol_name":"ALPS Active REIT ETF","start_time":0,"source_url":"https://www.theedgesingapore.com/news/reits/manulife-us-reits-indirect-subsidiary-redeems-all-outstanding-preferred-units?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2340756903","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2340756903","pubTimestamp":1685551106,"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"The indirect subsidiary used to hold MUST’s Tanasbourne property located in Hillsboro, Oregon, in the US.","collect":0,"end_time":0,"defaultTopTitle":"theedgesingapore.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"REIT":"ALPS Active REIT ETF","BK4162":"人寿与健康保险","MUST":"Columbia Multi-Sector Municipal Income ETF","MFC":"宏利金融"},"translate_title":"宏利美国产业信讬的间接附属公司赎回所有尚未行使的优先股单位","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MFC":1,"MUST":1,"REIT":1},"content_text":"The indirect subsidiary used to hold MUST’s Tanasbourne property located in Hillsboro, Oregon, in the US.Hancock S-REIT Portland, an indirect subsidiary of Manulife US REIT (MUST) BTOU, has redeemed all of its 115 outstanding preferred units held by the preferred unitholders. The unitholders are all unrelated to MUST’s sponsor, The Manufacturers Life Insurance Company, and MUST itself.\nHancock S-REIT Portland used to hold MUST’s Tanasbourne property located in Hillsboro, Oregon, in the US. The property was divested to John Hancock Life Insurance Company for a consideration of US$33.5 million ($44.6 million) in April\nThe total redemption amount is approximately US$0.1 million and was funded from internal resources and proceeds from the divestment of the property.\nThe redemption was effective at 12.01am on May 31 (US Eastern time) and it is not expected to have any material impact on the consolidated net tangible assets or earnings per unit of MUST for the financial year ending Dec 31.\nUnits in MUST closed at 16.9 US cents on May 31.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"CCBot/2.0 (https://commoncrawl.org/faq/)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.26.3","shortVersion":"4.26.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2340756903"}