$MANULIFE US REIT(BTOU.SI)$...gives a yield of 9%+, with a dozen of Grade A offices in US gateway cities.
Though physically people are yet to come back to office, its occupancy of the properties is close to 90% with a long WALE of 5 years.
Rental reversion has become positivethough it is experiencing some tenantmovements. Gearing of 42.4% is at the high side though most (85.7%) is hedged to fixed rates. So no big expansion of portfolio is expected for this moment.
The unit price is at historic lows. Is it a buy?
I think yes.
Getting dividend payout while sitting out the waiting game of the down period. That's what properties can do best.
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- rogerl·2022-08-18thanks for your sharing1Report
- Svengers19·2022-08-18Thanks for sharing1Report
- TTM Investor·2022-08-18This sh*t stock can't even recover from it's covid low after 2 years. I won't even touch this if it gives me 20% dividend. good luck chasing that 9% dividend, you are going to lose your capital1Report
- 大白兔女生·2022-08-19Considering to average down or sell it when breakeven.LikeReport
- aiyoh79·2022-08-19I stuck in this stock. This one need long time to recoverLikeReport
- Susunehneh·2022-08-18Warm up comment1Report
- MortimerDodd·2022-08-20Manulife is undoubtedly underrated.LikeReport
- Maria_yy·2022-08-20I like BTU's dividend. I'll keep an eye on it.LikeReport
- HilaryWilde·2022-08-20Manulife is highly leveraged.LikeReport
- EvanHolt·2022-08-20Investing in real estate is a good choice.LikeReport
- PandoraHaggai·2022-08-20It looks like a very high yield.LikeReport
- 377tkr·2022-08-18Pls like. ThanksLikeReport
- JM85·2022-08-23👍🏻LikeReport
- SPOT_ON·2022-08-21load1Report
- JM85·2022-08-20okLikeReport
- Csboi·2022-08-20OkLikeReport
- kianhua84·2022-08-20ooLikeReport
- Joe Lamborgh·2022-08-20👍🏻LikeReport
- J0E·2022-08-19Agree1Report
- hjmac85·2022-08-18OkLikeReport