The REIT’s distributable income for FY2024 came in 16.2% y-o-y lower at US$25.5 million, a decrease from the US$30.4 million in the same period a year ago.
United Hampshire US REIT (UHREIT) has reported a lower distribution per unit (DPU) of 4.06 US cents (5.45 cents) for the FY2024 ended Dec 31, 2024, a 15.2% y-o-y decrease.
For the 2HFY2024, DPU fell 4.2% y-o-y to 2.05 US cents.
