Manulife US Real Estate Management Pte. Ltd., as manager of Manulife US Real Estate Investment Trust announced the appointment of Ms. Caroline Fong as Deputy Chief Executive Officer of the Manager, with immediate effect. Ms. Fong's responsibilities will include working with the CEO and his senior leadership team to help formulate and execute MUST's investment strategies, including working with the investment, asset management, financial and legal/compliance personnel in meeting the strategic investment objectives of MUST.

She will also be focusing on Capital Markets, exploring strategic opportunities, alternative capital sources and business development. She remains as the Chief Investor Relations and Sustainability Officer of the Manager and will continue to be responsible for sustainability, Investor Relations (IR), corporate and digital communications and the equity capital markets requirements for Manulife US REIT. Ms. Fong joined Manulife US REIT since 2016 and has been instrumental in its listing and tripling its AUM from $777 million to $2.2 billion today.

She has close to 20 years of experience in IR, capital markets, real estate and regulations. Prior to joining the Manager, Ms. Fong was Associate Director, IR and Corporate Finance in Temasek Holdings and Head of IR and Corporate Communications in ESR-REIT. At ESR-REIT, Ms. Fong helped profiled the REIT to be the best performing industrial REIT and second best performing SREIT in 2013.

In addition, Ms. Fong was formerly Head of IR for CapitaLand Mall Asia, where she was responsible for the equity story of the company's retail businesses and its three REITs. She was also part of the core team who successfully dual-listed the firm in Hong Kong. Early in her career, Ms. Fong was Associate Director, Listings, at the Singapore Exchange, where she advised companies on corporate governance and the regulatory framework for public-listed companies in Singapore.

Ms. Fong holds a Master's in Finance and Investment from the University of Nottingham, U.K. and a Bachelor of Science (Honours) in Banking and Finance from the University of London, U.K.