SGX:BTOU
US$0.053
1D Chg
-1.85%
Yield
—
P/NAV
0.28x
NAV
US$0.193
52w range
US$0.053–US$0.087
Mkt cap
US$94M
Sub-sector
Office

S-REITs › Office › Manulife US REIT

Office REIT · sponsor: Manulife · United States

Manulife US REIT

US office; elevated gearing / restructuring. Live market data with every figure tagged to its source; deeper balance-sheet and lease metrics are extracted from Manulife US REIT's latest SGX filing in the GroundVision deal brief.

Last US$0.053 Yield — P/NAV 0.28x Mkt cap US$94M
Deep discount
to book

At US$0.053, MUST trades at 0.28x its NAV of US$0.193 — a ~72% discount to its NAV — on a — distribution yield. Balance-sheet detail (gearing, ICR, WALE) is in the brief below.

Unlock the BTOU brief Compare Office REITs
Distribution yield
—
per latest distributions
P / NAV
0.28x
NAV US$0.193 · −72% vs book
Market cap
US$94M
1.78B units
52-week range
US$0.053–US$0.087
trailing 1-year low–high

What the market is paying

Price — trailing 12 months (USD)

Daily closes, trailing year. 52-week range US$0.053–US$0.087. Yahoo Finance, as of 18 Jun 2026.

Distribution history — per unit (USD cents)

Recent distributions by ex-date. Trailing-12m total 0.00¢. Yahoo Finance distribution history.

vs the Office sub-sector

REITYieldP/NAVMkt cap
Elite UK REIT 8.91%0.86£208M
IREIT Global 7.74%0.43S$289M
Keppel REIT 6.04%0.68S$4.30B
Prime US REIT 4.37%0.31US$233M
Keppel Pacific Oak US REIT 1.35%0.26US$188M
Manulife US REIT —0.28US$94M

Yield vs P/NAV — Office

Manulife US REIT highlighted. Up = higher yield; left = cheaper vs book.

The Manulife US REIT deal brief

The figures above are live market data. The numbers that actually decide a REIT call live inside the filings — and we extract them, line by line, from Manulife US REIT's latest results and business update.

🔒 Inside the brief

Balance sheet & income durability

Aggregate leverage · interest cover (ICR) · % fixed-rate & cost of debt · debt maturity ladder · WALE · portfolio occupancy · top-tenant concentration · sponsor pipeline · distribution-payout headroom — each tagged to the page of the filing it came from.

Why gated? Pulling these cleanly from a 100-page PDF is the work brokers and IC teams pay for. We do it deterministically and cite every figure — no guesses, no scraped aggregator numbers.
✓ Request received. A GroundVision analyst will send the BTOU brief and can put you in front of a broker covering this name.
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Every figure, with its source

MetricValueAs ofSource / basis
Last price US$0.0532026-06-16Yahoo Finance (BTOU.SI)
1-day change -1.85%2026-06-16Computed (last - prev close) / prev close.
Market cap US$94M2026-06-16Yahoo Finance (BTOU.SI)
NAV per unit US$0.1932026-06-16Yahoo Finance (BTOU.SI)
P / NAV 0.275x2026-06-16Computed Last price / NAV per unit.
Premium / discount to NAV -72.50%2026-06-16Computed Premium(+)/discount(-) of price to NAV.
Trailing 12m distribution 0.00¢2026-06-16Computed Sum of distributions with ex-date in trailing 365 days.
52-week high US$0.0872026-06-16Computed Max daily close over trailing 1y.
52-week low US$0.0532026-06-16Computed Min daily close over trailing 1y.
Units outstanding 1.78B units2026-06-16Yahoo Finance (BTOU.SI)
Market data is sourced from Yahoo Finance (BTOU.SI) and is delayed/EOD. Ratios are computed from those inputs. Operational metrics (gearing, ICR, WALE, occupancy) are extracted from Manulife US REIT's SGX filings inside the deal brief — we do not display unsourced numbers.

Manulife US REIT — common questions

What is MUST's dividend yield?
As of 18 Jun 2026, MUST (SGX:BTOU) offers a distribution yield of about —, based on its trailing distributions and a unit price of US$0.053. See the distribution history above for the underlying payments.
Is MUST trading at a discount to NAV?
MUST trades at 0.28x book (−72% vs its NAV of US$0.193). P/NAV below 1.0x means the market values the trust below the appraised value of its properties; above 1.0x is a premium.
What does MUST own, and who is the sponsor?
MUST is a Office S-REIT sponsored by Manulife, with assets in United States. US office; elevated gearing / restructuring.
What is MUST's SGX code and market cap?
MUST trades on the SGX under code BTOU (Yahoo: BTOU.SI), with a market capitalisation of about US$94M as of 18 Jun 2026.

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Data as of 18 Jun 2026. Market data (price, market cap, NAV, distribution yield, 52-week range) sourced from Yahoo Finance and is delayed / end-of-day; derived ratios are computed from those inputs. Operational metrics (gearing, ICR, WALE, occupancy) are sourced from each trust's official SGX filings within the GroundVision deal brief. Nothing here is financial advice, a recommendation, or an offer; figures are indicative and should be confirmed against primary disclosures before any decision. © GroundVision.