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Manulife Investment Management Expands Partnership with Landmark Properties

 
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Manulife Investment Management expands strategic partnership with Landmark Properties to develop and operate residential properties

Description: An image of Manulife Investment Management's headquarters in Toronto, Canada.

PRNewswire/ -- Landmark Properties, a fully-integrated real estate firm specializing in development, construction, investment management, and property management, announced today that it has expanded its strategic partnership with Manulife investment Management. The two companies have joined forces to develop and operate residential properties throughout the US.

The joint venture's first project will be an 890-bed community at the University of Connecticut in Storrs. Manulife investment Management will provide the capital and Landmark Properties will be responsible for the development, construction, and property management services.

The partnership is part of Manulife investment Management's commitment to invest in real estate that creates long-term value and benefits the communities in which it operates. It is also part of Landmark Properties' strategy to expand its presence in the student housing market.

“We are proud to partner with Manulife investment Management on this unique opportunity,” said Wes Rogers, CEO of Landmark Properties. “This partnership will allow us to continue to develop and operate top-quality student housing communities that our residents, universities, and communities can be proud of.”

Manulife investment Management has also recently partnered with PowerFlex, an EDF Renewables North America affiliate, to provide intelligent solar, storage, and electric vehicle (EV) charging solutions for residential properties. The partnership will provide Manulife investment Management with access to advanced energy technologies that will help to reduce energy costs and create more sustainable living environments.

Manulife investment Management is also expanding its presence in China. The company recently partnered with a leading global asset manager to step up its presence in the country. Manulife investment Management also recently announced the acquisition of Alliance Gateway 11, a 788160 square foot industrial building located in Shanghai, China.

“Manulife investment Management is committed to invest in real estate that creates long-term value and benefits the communities in which it operates,” said Jeff Ritchie, President of Manulife investment Management. “We are thrilled to be expanding our presence in China and our partnership with Landmark Properties, and we look forward to making a positive impact on the communities we serve.”

Manulife investment Management also recently announced the launch of Manulife Forest Climate Fund, LP1 (FCF or the fund), a closed-end fund that invest in companies that are taking action to address climate change. Manulife investment Management is committed to invest in companies that are making a positive impact on the environment and is taking steps to ensure that its investment are aligned with its sustainability goals.

Manulife investment Management also announced today that the John Hancock closed-end Preferred Income Fund declared its monthly distribution. The Fund declared a distribution of $0.15 per share, payable on January 8, 2023 to shareholders of record at the close of business on December 31, 2022.

Manulife investment Management is committed to providing invest with innovative products, services, and solutions that will help them reach their financial goals. The company is dedicated to helping clients achieve long-term returns and to making a positive impact on the communities in which it operates.

“Manulife investment Management is focused on providing clients with a broad range of investment options that will help them reach their financial goals,” said Ritchie. “Our partnerships with Landmark Properties and PowerFlex are just two examples of how we are creating innovative solutions that will benefit invest and the communities in which we operate.”

Manulife investment Management is dedicated to providing clients with the best possible solutions to meet their investment needs. The company is committed to helping its clients reach their financial goals and to making a positive impact on the communities in which it operates.

With a broad array of investment products, services, and solutions, Manulife investment Management is committed to helping its clients reach their financial goals and make a positive impact on the communities in which it operates.

Manulife investment Management is dedicated to providing clients with innovative products, services, and solutions that will help them reach their financial goals. The company is committed to helping its clients achieve long-term returns and to making a positive impact on the communities in which it operates.

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manulife investment managementlandmark propertiesstrategic partnershipreal estatedevelopmentconstructioninvestment managementproperty managementstudent housingpowerflexedf renewables north americaintelligent solarstorageelectric vehicleev chargingchinaglobal asset managersalliance gateway 11john hancock closed-end preferred income fundmanulife forest climate fundNYSE:MFC
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