Singapore-listed Manulife US Real Estate Investment Trust (MUST) has announced its financial results for the first half of 2025, revealing significant steps taken to reduce its debt burden. The trust successfully raised over $270 million through the sale of three assets, which has been utilised to pay down existing debts. This strategic move ensures that no further repayments are due until July 2026, when $35.6 million will be owed.
The management of MUST is actively developing a path for growth by focusing on asset dispositions and exploring various options to mitigate potential risks. This approach is part of their broader strategic leasing strategy aimed at building accretive income for the trust.
The financial results, which were released this morning, highlight the trust’s commitment to strengthening its financial position and preparing for future growth opportunities. A briefing on the results will be held today at 11am, providing further insights into the trust’s performance and strategic direction.
By maintaining a focus on reducing debt and enhancing income, Manulife US REIT is positioning itself for sustainable growth in the coming years. The trust’s proactive measures reflect its dedication to delivering value to its stakeholders whilst navigating the challenges of the current economic environment.
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