Manulife US REIT is still working on deleveraging and is announcing the sale of 500 Plaza in New Jersey, USA, for US$40 million:

The manager said the net proceeds of about US$39 million from the Plaza divestment, coming on the heels of the sale of its Capitol for a net consideration of US$110 million, would enable the Reit to pay off US$130.7 million in loans maturing in 2025, and get an early start on paying down debts maturing in 2026.