Company Update: Manulife US REIT (MUST SP), 7 September 2021 B | KGI Securities Singapore
Company Update: ManulifeUS REIT (MUST SP), 7 September 2021 Back to the office
Upgrade to Outperform. US office properties are likely to see improving demand as more employees return, even if it is on a part time basis. Improving fundamentals may finally lift investor confidence in the sector.
MUST provides an excellent proxy to ride on the “return to office” theme in the US, while offering an attractive 7.4% forward dividend yield.
