United Hampshire US REIT (UHREIT)

Results

United Hampshire US REIT NPI falls 6.7% in 3QFY2024

UHREIT has no refinancing requirements until November 2026. Furthermore, there is no interest swap maturing until December 2026.
United Hampshire US REIT’s CEO: ‘Being proactive is our strength’  - THE EDGE SINGAPORE

kopi-C: the Company brew

United Hampshire US REIT’s CEO: ‘Being proactive is our strength’

UHREIT, which focuses on necessity retail real estate, has increased its assets under management (AUM) by over 30%.

Results

United Hampshire US REIT reports 1QFY2024 distributable income of US$6.4 mil, 27.3% lower y-o-y

Gross revenue for the 1QFY2024 rose by 2.3% y-o-y to US$18.5 million.
Tenant improvements sink US office S-REITs but the trough is nigh - THE EDGE SINGAPORE

REIT Watch

Tenant improvements sink US office S-REITs but the trough is nigh

In Singapore, tenants usually pay for renovations of their office property. In the US, the landlord pays.
United Hampshire US REIT reports FY2023 DPU of 4.79 US cents, 18.5% lower y-o-y - THE EDGE SINGAPORE

Results

United Hampshire US REIT reports FY2023 DPU of 4.79 US cents, 18.5% lower y-o-y

2HFY2023 DPU fell by 27.9% y-o-y to 2.14 US cents.
Retail assets are hot property, and United Hampshire US REIT offers 'irresistible' 9.2% yield: UOBKH - THE EDGE SINGAPORE

Broker's Calls

Retail assets are hot property, and United Hampshire US REIT offers 'irresistible' 9.2% yield: UOBKH

Share prices for industry peers listed in the US rallied between 12% and 22% over 4Q2023.

Results

United Hampshire US REIT reports 3QFY2023 distributable income of US$7.1 mil

The manager has elected to receive 100% of its base fee of US$0.8 million for the quarter in cash.

Insider moves

Manager of United Hampshire REIT disposes of 405,200 units in REIT at 43 US cents apiece

This is the second time in almost a week that the REIT manager had disposed of its shares via the market.
United Hampshire US REIT reports 7.6% increase in 1QFY2023 distributable income to US$8.8 mil - THE EDGE SINGAPORE

Results

United Hampshire US REIT reports 7.6% increase in 1QFY2023 distributable income to US$8.8 mil

Gross revenue an NPI for the period rose 11.8% and 13.5% y-o-y, to US$18.1 million and US$12.9 million respectively.
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