United Hampshire US Real Estate Investment Trust

United Hampshire US REIT reports 1QFY21 distributable income of US$7.6 mil - THE EDGE SINGAPORE

Results

United Hampshire US REIT reports 1QFY21 distributable income of US$7.6 mil

UHREIT’s portfolio comprises 22 predominantly freehold “grocery and necessity” properties in the US worth US$585.5 million
UOB Kay Hian initiates United Hampshire US REIT at 'buy' with TP of 92 US cents - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian initiates United Hampshire US REIT at 'buy' with TP of 92 US cents

The positive outlook on the REIT is due to its portfolio of grocery-anchored and necessity-based properties, say UOB KH's analysts

SGX Research Series: 10 in 10

Cycle-agnostic, recession-resistant tenants the strength of United Hampshire US REIT

Why has United Hampshire US REIT (UHU REIT) focused on the grocery & necessity and self-storage assets?

IPO

United Hampshire US REIT closes 20% below IPO price on trading debut amid pandemic panic

The counter opened at 72 US cents – 10% lower than its IPO price – before sinking further to as low as 62 US cents within the first half hour of trading.

IPO

United Hampshire US REIT launches Singapore IPO at $1.12 per unit

In total, gross proceeds of approximately US$394.6 million are expected to be raised from the offering, the issuance of the sponsors units, the cornerstone units and the rollover units.
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