--- title: Manulife US REIT Shareholders Overwhelmingly Approved all 3 resolution description: Manulife US REIT shareholders overwhelmingly approved all 3 resolutions, including the divestment of a property, a sponsor-lender loan, and the adoption of a disposition mandate. Find out the details in this update. --- [Skip to content](https://reitsavvy.com/insights/manulife-us-reit-shareholder-approval-2023#main-content) [![op can-4](https://reitsavvy.com/hs-fs/hubfs/op%20can-4.png?width=7114&height=2442&name=op%20can-4.png)](https://reitsavvy.com/) ![menu-toggle](https://21645388.fs1.hubspotusercontent-na1.net/hubfs/21645388/menu-toggle.svg) ![menu-close](https://21645388.fs1.hubspotusercontent-na1.net/hubfs/21645388/menu-close.svg) ![menu-toggle](https://21645388.fs1.hubspotusercontent-na1.net/hubfs/21645388/menu-toggle.svg) ![menu-close](https://21645388.fs1.hubspotusercontent-na1.net/hubfs/21645388/menu-close.svg) - [Home](https://reitsavvy.com) - [What's a REIT](https://reitsavvy.com/what-is-reits) - [S-REITs Overview](https://reitsavvy.com/s-reits-overview) - [REITsavvy Subscription](https://reitsavvy.com/reits-screener) - [REITsavvy Screener Login](https://screener.reitsavvy.com/) - [REITsavvy Insights](https://reitsavvy.com/insights) - [Events](https://reitsavvy.com/events) - [About Us](https://reitsavvy.com/about-us) - [Home](https://reitsavvy.com) - [What's a REIT](https://reitsavvy.com/what-is-reits) - [S-REITs Overview](https://reitsavvy.com/s-reits-overview) - [REITsavvy Subscription](https://reitsavvy.com/reits-screener) - [REITsavvy Screener Login](https://screener.reitsavvy.com/) - [REITsavvy Insights](https://reitsavvy.com/insights) - [Events](https://reitsavvy.com/events) - [About Us](https://reitsavvy.com/about-us) [S-REIT News Update](https://reitsavvy.com/insights/tag/s-reit-news-update), [2023](https://reitsavvy.com/insights/tag/2023) # Manulife US REIT Shareholders Overwhelmingly Approved all 3 resolution [By- REITsavvy Team,](https://reitsavvy.com/insights/author/reitsavvy-team) ![20231214-ManulifeUSREIT-EGM](https://reitsavvy.com/hs-fs/hubfs/Manulife%20US%20REIT/20231214-ManulifeUSREIT-EGM.jpg?width=3360&height=2240&name=20231214-ManulifeUSREIT-EGM.jpg) Photo credits to Manulife US REIT Team. Manulife US REIT team announce voting results during 14 Dec 2023 EGM. The voting results for all 3 resolution has receive strong support from shareholders. Resolution 1 (Passed) To approve the Proposed Divestment of the property known as Park Place located at 1650 & 1700 South Price Road, Chandler, Arizona, United States 85286, at a divestment consideration of US$98.7 million as an interested person transaction. FOR - 97.74% AGAINST - 2.26% Resolution 2 (Passed) To approve the proposed Sponsor-Lender Loan granted by The Manufacturers Life Insurance Company or an affiliate, as an interested person transaction. FOR - 97.55% AGAINST - 2.45% Resolution 3 (Passed) To approve the proposed adoption of the Disposition Mandate to authorise the disposal of any one or more of the Existing Properties. FOR - 98.07% AGAINST - 1.93% For more details please refer to this[link](https://investor.manulifeusreit.sg/newsroom/20231214_191917_BTOU_5ZE73R4GZTZO1EVD.1.pdf)   ![op can-4](https://reitsavvy.com/hubfs/op%20can-4.png) **[Insights](https://reitsavvy.com/insights)** **[REITs Screener](https://screener.reitsavvy.com/)** Unless otherwise specified, all return figures shown above are for illustrative purposes only, are not actual customer or model returns and are not indicative of future performance or results. Actual returns will vary greatly and depend on various factors including personal and market circumstances. Investment involves risk. It is important to note that the capital value of investments and the income from them may go down as well as up and may become valueless. Some of the statements contained in this website may be considered forward-looking statements which provide current expectations or forecasts of future events. 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