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Thoughts on Manulife Reits (MUST) – Decline in Valuations Resulting in Breach of Financial Covenants

Manulife Reits announced an important announcement this afternoon which was important yet dreaded by all unitholders of the company. Unfortunately, this announcement was somewhat expected to come at some stage given how the office market continues to decline at today’s rate, so they just have to bite the bullet for it. In any case, here […]

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