Manulife US Real Estate Investment Trust
Manulife US Real Estate Investment Trust (SES: BTOU) is trading at $0.03, about ₹3 at today's USD/INR rate, as of 30 Sep 2026, 5:04 AM ET. Indian residents can buy Manulife US Real Estate Investment Trust from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$0.03
Today's high
$0.03
52 week low
$0.03
52 week high
$0.08
BTOU opened at $0.03, closed previously at $0.03, and has traded between $0.03 and $0.08 over the past 52 weeks.
About
Manulife US Real Estate Investment Trust (Manulife US REIT) holds the distinction of being the first dedicated US office real estate investment trust to be listed on an Asian exchange. As a REIT traded in Singapore, its core investment mandate involves acquiring and managing, either directly or indirectly, a collection of income-generating office properties and associated real estate assets in prominent U.S. markets. The trust's current portfolio encompasses nine prime, freehold office buildings, all classified as either 'Trophy' or 'Class A' quality, strategically positioned across California, Atlanta, New Jersey, and the Washington D.C. Metropolitan Area. Appraised at US$2.1 billion as of December 31, 2019, this entire collection of assets boasts a total Net Lettable Area of 4.7 million square feet and an impressive occupancy rate of 95.8%.
Key statistics
Avg. volume
2.25M
Market cap
$58.63M
P/E Ratio
-1.65
Price-to-sales ratio
0.56
Enterprise value
$528.62M
Free cash flow yield
5.07%
Debt-to-equity ratio
1.44
Return on equity
-22.75%
ROIC
3.73%
Beta
1.16
Dividend yield
0.00%
Last dividend
$0.00
Financial overview
Revenue
$87.18M
Earnings per share
-$0.03
Free cash flow
$6.40M
Net profit margin
-35.07%
Gross margin
41.37%
EBITDA
-$24.57M
Revenue growth
-47.98%
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This is not an investment recommendation
How to buy Manulife US Real Estate Investment Trust from India
Indian residents can buy Manulife US Real Estate Investment Trust shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Manulife US Real Estate Investment Trust and place an order
Find Manulife US Real Estate Investment Trust by name or by its ticker, BTOU, and choose an order type. Manulife US Real Estate Investment Trust trades 6:30 am – 2:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Manulife US Real Estate Investment Trust position in USD and INR. Manulife US Real Estate Investment Trust pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in Manulife US Real Estate Investment Trust from India
Trading and taxes when buying Manulife US Real Estate Investment Trust from India
Trading and limits
- Trading hours
- 9:00 am – 5:00 pm SGT
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- NoneManulife US Real Estate Investment Trust does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
- Transaction tax
- Singapore levies no stamp duty or transaction tax on listed equities.
- Estate or inheritance tax
- May applySingapore imposes no estate or inheritance tax on listed securities.Estate tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Manulife US Real Estate Investment Trust stock?
Yes. Manulife US Real Estate Investment Trust (BTOU) has been listed on the Singapore Exchange since 2016, in the REIT - Office industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Manulife US Real Estate Investment Trust share cost in rupees?
One Manulife US Real Estate Investment Trust share is $0.03 — about ₹3 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Manulife US Real Estate Investment Trust price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Manulife US Real Estate Investment Trust from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
How are gains on Manulife US Real Estate Investment Trust shares taxed in India?
Singapore does not levy capital gains tax on the sale of shares, ETFs or REITs, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Manulife US Real Estate Investment Trust price. Paasa issues a capital-gains statement for your return.
Does Manulife US Real Estate Investment Trust pay a dividend?
No. Manulife US Real Estate Investment Trust does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade Manulife US Real Estate Investment Trust from India?
The Singapore Exchange trades 6:30 am – 2:30 pm IST in Indian time. Orders can only execute during that window.
Is there estate or inheritance tax on Manulife US Real Estate Investment Trust shares held from India?
Singapore imposes no estate or inheritance tax on listed securities.
Are there transaction taxes when buying Manulife US Real Estate Investment Trust?
Singapore levies no stamp duty or transaction tax on listed equities.
Do I have to declare Manulife US Real Estate Investment Trust shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Manulife US Real Estate Investment Trust holding, its cost and its closing value.
How do I sell Manulife US Real Estate Investment Trust and bring the money back to India?
You sell during market hours (6:30 am – 2:30 pm IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.