“Operationally, we have witnessed the resilience of our portfolio, backed by our cycle-agnostic tenants providing essential services,” says Robert Schmitt, CEO of the REIT manager.
United Hampshire US Real Estate Investment Trust has reported distributable income of US$7.6 million for 1QFY21 ended March, 1.3% higher than the forecast given when it IPO just over a year ago.
Gross revenue in the same period was US$13.5 million, 1.9% lower than the forecast, and net property income was US$10.1 million, 1.8% lower than the forecast.
