Singapore’s Manulife US REIT obtains $200 million revolver

By Rebecca Melvin

Concord, N.H., June 15 – Manulife US Real Estate Management Ptd. Ltd. announced it has entered into a $200 million revolving credit facility through DBS Trustee Ltd. as trustee, according to a notice.

The manager of Manulife US Real Estate Investment Trust said the unsecured and uncommitted facility will be used by Manulife US REIT as bridge financing for acquisition of properties.

The Singapore-based REIT invests in a portfolio of office real estate in the United States.

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