MANULIFE US REIT unveiled its FY2023 financial results on February 8, 2024. The REITsavvy team made a visit to MUST to attend the live briefing session and met with the management team. Here are key highlights that investors should know of.
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MUST is currently undergoing restructuring, a process that demands time and patience. Given the dynamic nature of the market, unforeseen challenges may arise beyond the REIT control. However, what can be controlled is the transparency of the management team, actively overseeing the portfolio and finances to minimize or eliminate avoidable missteps. In such circumstances, success isn't about timing the market but rather about time in the market. With robust support from strong backers, there's a greater likelihood of not only surviving but emerging stronger from the valuable lessons learned. We are pleased to have had the opportunity to engage in a face-to-face discussion with Tripp Gantt, the CEO of MANULIFE US REIT and his team. Invest wisely, REITsavvy Readers! |
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