This is awesome news! Manulife US REIT is seeking a mandate from its Unit-holders to go beyond US commercial office space and venture into industrial, living sector and retail assets across the US and Canada. Personally, I thought that this is a wonderful and brilliant initiative. Nevertheless, retail investors need to be aware that the old legacy issue of the "The Curse of the 9.8% Unit Holdings Limit Imposed On US REITs Sponsor" is ever present and is just a tickling time bomb.
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