Profile - To The Moon

erickhoosg

A SG Stock, ETF, Property, Crypto & NFT Investor

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- erickhoosgerickhoosg
  ·10-24
  Personally I m going for Trump and hopefully he will win. We need the economic to be up and running
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- erickhoosgerickhoosg
  ·03-07
  Time to give up your sit then
  Sorry, this post has been deleted
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- erickhoosgerickhoosg
  ·02-28
  $Coinbase Global, Inc.(COIN)$ full credit to Chicken Genius / Ken
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- erickhoosgerickhoosg
  ·2023-12-26
  BTC for financial freedom
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- erickhoosgerickhoosg
  ·2023-12-12
  $Coinbase Global, Inc.(COIN)$
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- erickhoosgerickhoosg
  ·2023-12-04
  🔥🚀🌙 🌌 #wagmi
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- erickhoosgerickhoosg
  ·2023-11-16
  Why like that ?!? 👀🤔
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- erickhoosgerickhoosg
  ·2023-08-04
  $LION-PHILLIP S-REIT(CLR.SI)$
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- erickhoosgerickhoosg
  ·2023-08-04
  $LION-PHILLIP S-REIT(CLR.SI)$
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- erickhoosgerickhoosg
  ·2023-05-24
  Its gone. Don't make the same mistake for lmirt and first REIT.
  Manulife US REIT Announces Proposed Divestment of Phipps to Sponsor
  Manulife US REIT's manager announces proposed sale of Phipps to sponsor
  Manulife US REIT Announces Proposed Divestment of Phipps to Sponsor
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👀🤔","images":[{"img":"https://community-static.tradeup.com/news/28773d63f770bab414c914fcf1651a7e","width":"1080","height":"2400"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/242110221398176","isVote":1,"tweetType":1,"viewCount":364,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":205315890868432,"gmtCreate":1691135325037,"gmtModify":1691135326647,"author":{"id":"3555190890634141","authorId":"3555190890634141","name":"erickhoosg","avatar":"https://community-static.tradeup.com/news/214f2233bc77c6b216699b3a8ffe2022","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3555190890634141","idStr":"3555190890634141"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/CLR.SI\">$LION-PHILLIP S-REIT(CLR.SI)$ &nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/CLR.SI\">$LION-PHILLIP S-REIT(CLR.SI)$ 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S-REIT(CLR.SI)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/205315251499112","isVote":1,"tweetType":1,"viewCount":485,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970476386,"gmtCreate":1684897270546,"gmtModify":1684897275700,"author":{"id":"3555190890634141","authorId":"3555190890634141","name":"erickhoosg","avatar":"https://community-static.tradeup.com/news/214f2233bc77c6b216699b3a8ffe2022","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3555190890634141","idStr":"3555190890634141"},"themes":[],"htmlText":"Its gone. Don't make the same mistake for lmirt and first REIT.&nbsp;","listText":"Its gone. Don't make the same mistake for lmirt and first REIT.&nbsp;","text":"Its gone. Don't make the same mistake for lmirt and first REIT.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970476386","repostId":"2337916875","repostType":2,"repost":{"id":"2337916875","pubTimestamp":1684896202,"share":"https://ttm.financial/m/news/2337916875?lang=&edition=fundamental","pubTime":"2023-05-24 10:43","market":"sg","language":"en","title":"Manulife US REIT Announces Proposed Divestment of Phipps to Sponsor","url":"https://stock-news.laohu8.com/highlight/detail?id=2337916875","media":"The Edge Singapore","summary":"Manulife US REIT's manager announces proposed sale of Phipps to sponsor ","content":"<html><head></head><body><p>The manager of Manulife US REIT (MUST) announced on May 24 that it has entered into a letter of intent with The Manufacturers Life Insurance Company (Manulife, its sponsor) &#34;in relation to the proposed sale of the property known as Phipps Tower&#34; in Atlanta. The sponsor will waive the divestment fee. The manager says that the transaction is &#34;subject to satisfactory completion of due diligence and negotiation of terms of the definitive agreements the parties are targeting to enter into the definitive agreements in relation to the proposed divestment by June 30.&#34;</p><p style=\"text-align: start;\">As at Dec 31, 2022, MUST&#39;s net asset value was US$1.02 billion. As such, the divestment requires unitholders&#39; approval.</p><p style=\"text-align: start;\">Phipps was valued at US$210 million as at Dec 31, 2022, at a capitalisation rate of 5.25%. Its net property income (NPI) in FY2022 was US$12.2 million, up from US$11.9 million in FY2021, and contributed 10.8% to MUST&#39;s total NPI in FY2022.</p><p>If MUST manages to divest Phipps for around US$190 million to US$200 million, it would take the REIT&#39;s aggregate leverage down to a more manageable 43% or thereabouts.</p><p style=\"text-align: start;\">The manager also announced that the exclusivity period with Mirae Asset Global Investments has lapsed.</p><p style=\"text-align: start;\">In November 2022, MUST&#39;s manager announced a strategic review by Citigroup. On Dec 30, 2022, MUST&#39;s manager announced that its portfolio valuation had declined by 10%, taking its aggregate leverage to around 49%. Its options to &#34;cure&#34; this included equity fund raising, divestments, and a new partnership.</p><p>Most market watchers believed that divestments were the best way to realise value, followed by a rights issue, where all unitholders would have equal rights.</p><p style=\"text-align: start;\">As at 10.40am, units in Manulife US REIT are trading lower 6.29% down, at 16.4 US cents. Its units reached an all-time low of 13.3 US cents on May 16.</p></body></html>","source":"lsy1655096814160","collect":0,"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 Announces Proposed Divestment of Phipps to Sponsor</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 Announces Proposed Divestment of Phipps to Sponsor\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-24 10:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/news/reits/manulife-us-reit-announces-proposed-divestment-phipps-sponsor?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>The Edge Singapore</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The manager of Manulife US REIT (MUST) announced on May 24 that it has entered into a letter of intent with The Manufacturers Life Insurance Company (Manulife, its sponsor) \"in relation to the ...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/reits/manulife-us-reit-announces-proposed-divestment-phipps-sponsor?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4162":"人寿与健康保险","BTOU.SI":"宏利美国房地产投资信托"},"source_url":"https://www.theedgesingapore.com/news/reits/manulife-us-reit-announces-proposed-divestment-phipps-sponsor?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2337916875","content_text":"The manager of Manulife US REIT (MUST) announced on May 24 that it has entered into a letter of intent with The Manufacturers Life Insurance Company (Manulife, its sponsor) \"in relation to the proposed sale of the property known as Phipps Tower\" in Atlanta. The sponsor will waive the divestment fee. The manager says that the transaction is \"subject to satisfactory completion of due diligence and negotiation of terms of the definitive agreements the parties are targeting to enter into the definitive agreements in relation to the proposed divestment by June 30.\"As at Dec 31, 2022, MUST's net asset value was US$1.02 billion. As such, the divestment requires unitholders' approval.Phipps was valued at US$210 million as at Dec 31, 2022, at a capitalisation rate of 5.25%. Its net property income (NPI) in FY2022 was US$12.2 million, up from US$11.9 million in FY2021, and contributed 10.8% to MUST's total NPI in FY2022.If MUST manages to divest Phipps for around US$190 million to US$200 million, it would take the REIT's aggregate leverage down to a more manageable 43% or thereabouts.The manager also announced that the exclusivity period with Mirae Asset Global Investments has lapsed.In November 2022, MUST's manager announced a strategic review by Citigroup. On Dec 30, 2022, MUST's manager announced that its portfolio valuation had declined by 10%, taking its aggregate leverage to around 49%. Its options to \"cure\" this included equity fund raising, divestments, and a new partnership.Most market watchers believed that divestments were the best way to realise value, followed by a rights issue, where all unitholders would have equal rights.As at 10.40am, units in Manulife US REIT are trading lower 6.29% down, at 16.4 US cents. Its units reached an all-time low of 13.3 US cents on May 16.","news_type":1},"isVote":1,"tweetType":1,"viewCount":261,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":true}