Mr. Kevin Adolphe reports

JOHN HANCOCK ACQUIRES ORACLE TOWER, 12-STOREY, CLASS A OFFICE BUILDING IN ORANGE COUNTY, CALIFORNIA

John Hancock, the U.S. division of Manulife Financial Corp., has acquired Oracle Tower, a 12-storey, 272,887-square-foot, Class A office tower located at 17901 Von Karman Ave., within the Irvine Concourse Corporate Center in Orange county, California.

"This latest acquisition is consistent with our strategy to seek out complementary assets in the key gateway markets we do business in," said Kevin Adolphe, president and chief executive officer of Manulife Real Estate. "Oracle Tower is a fantastic addition to our portfolio. It is a core asset that provides long-term value that strengthens our commitment in the greater Los Angeles area."

Operating as John Hancock Real Estate in the United States and Manulife Real Estate in all other parts of the world, the company's real estate portfolio is diversified by both geography and asset type, consisting primarily of prime office and industrial properties, as well as select retail and multifamily residential properties, in key metropolitan centres throughout Canada, Asia and the United States.

With this new acquisition, the company's global real estate portfolio now represents a market value of $10.5-billion (U.S.) with properties totalling more than 39 million square feet. Other key markets in the United States include Boston, New York, Los Angeles, San Francisco, Washington and Atlanta. Oracle Tower, constructed in 1985, is an LEED Gold-certified building that was renovated in 2000 and 2010, modernizing the interior, building systems and exterior public spaces. It is located at Von Karman Avenue and Main Street, and is adjacent to the 405 San Diego Freeway. Oracle Tower is located within the three-million-square-foot Irvine Concourse, offering access to an array of convenient amenities for tenants and visitors.

About Manulife Real Estate and John Hancock Real Estate

Manulife Real Estate is the global real estate arm of Manulife, operating as John Hancock Real Estate in the United States and Manulife Real Estate in all other parts of the world. Manulife Real Estate has fully integrated in-house capabilities and 70 years of experience as an active investor, owner, developer and asset manager of commercial real estate. Diversified by both geography and asset type, the portfolio consists primarily of prime office and industrial properties, as well as select retail and multifamily residential properties, in key metropolitan centres throughout Canada, Asia and the United States. In addition to equity real estate, Manulife Real Estate manages the space requirements and its own-use facilities for Manulife's operations around the world. In 2011, Manulife Real Estate launched a new real estate fund platform, extending its real estate asset management expertise to institutional investors. As at June 30, 2014, the Manulife Real Estate portfolio totalled more than 38 million square feet with a market value of $10.9-billion ($10.2-billion (U.S.)). Additional information about Manulife Real Estate can be found at the Manulife Real Estate website.