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0 0 0.00679245283018867 0.00679245283018867 0.00618113207547177 -8.47169811321529E-05 -8.47169811321529E-05 0.00113207547169816
Stock impact report

Manulife Investment Management Announces Industrial Outdoor Storage Venture with Foundry Commercial [Yahoo! Finance]

Manulife Financial Corporation (MFC) 
Last manulife financial corporation earnings: 2/12 05:00 pm Check Earnings Report
US:NYSE Investor Relations: manulife.com/investor-relations
Company Research Source: Yahoo! Finance
acquire, develop, and lease industrial outdoor storage (IOS) sites in key infill industrial markets throughout the Southeast. The portfolio consists of 10 sites located in Atlanta Nashville Dallas-Fort Worth , and Jacksonville . Three of the sites have completed construction and were acquired by Manulife IM directly; the remaining will be developed in partnership with Foundry. "Our investment in IOS is part of a larger alternatives strategy to invest in industrial and residential adjacent sectors with significant tailwinds. Partnering with Foundry was a logical choice given their extensive expertise as a top tier industrial developer and considerable knowledge in IOS," said Jessica Harrison , Head of Transactions & Capital Markets, Real Estate Equity, U.S., Manulife IM. "Today's market is undeniably challenging – we continue to source and structure interesting opportunities which seek to generate outsized risk adjusted returns on behalf of our clients, which we believe is a key diff Show less Read more
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