Manulife US REIT has acquired three properties in the US for $201.6m (€178.5m).
The Singapore stock exchange-listed company has bought two properties in Arizona and a third in Oregon.
All three assets – Diablo Technology Park, Park Place and Tanasbourne Commerce Centre – have been acquired from unrelated vendors.
Manulife US REIT has issued a private placement to raise $80m to part-fund the acquisition.
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