United Hampshire US REIT

UHREIT to give lower 1HFY2023 distribution as it sets aside funds for asset enhancements - THE EDGE SINGAPORE

Results

UHREIT to give lower 1HFY2023 distribution as it sets aside funds for asset enhancements

Without this retained amount, UHREIT would be able to maintain its DPU at 2.91 US cents

New appointments

Robert Schmitt to step down as CEO of United Hampshire US REIT's manager on May 1

Gerard Yuen, who is currently the chief financial officer of the manager, will be appointed CEO with effect from May 1.

Results

United Hampshire US REIT reports higher distributable income for 2HFY2022

The reit has announced a distribution per unit of 2.97 US cents for 2HFY2022, down 2.6% y-o-y

REITs

United Hampshire US REIT acquires new asset for US$85.7 million, pro formu DPU to reach 6.23 US cents

The REIT's portfolio value will grow by 6% to US$730.1 million.

Broker's Calls

United Hampshire US REIT offers 'enticing' yield spread, UOB KH maintains 'buy'

UOB Kay Hian analyst Jonathan Koh has kept “buy” on UH REIT with a lower target price of 92 US cents.
United Hampshire US REIT grows distributable income in 3Q21 with accretive acquisitions - THE EDGE SINGAPORE

Results

United Hampshire US REIT grows distributable income in 3Q21 with accretive acquisitions

The acquisitions are expected to complete and contribute to UHREIT’s portfolio from 4QFY2021.
'Buy' United Hampshire US REIT on latest accretive acquisitions - THE EDGE SINGAPORE

Broker's Calls

'Buy' United Hampshire US REIT on latest accretive acquisitions

HSBC is keeping 'buy' on United Hampshire US REIT following its maiden acquisitions.
United Hampshire US REIT acquires two grocery assets for US$78.25 mil; launches private placement to raise US$30 mil - THE EDGE SINGAPORE

REITs

United Hampshire US REIT acquires two grocery assets for US$78.25 mil; launches private placement to raise US$30 mil

The DPU-accretive acquisition marks the REIT's entry into Pennsylvania and Virginia.
United Hampshire US REIT continues to benefit from recovery in domestic consumption: UOB Kay Hian - THE EDGE SINGAPORE

Broker's Calls

United Hampshire US REIT continues to benefit from recovery in domestic consumption: UOB Kay Hian

UOB says the REIT's 1Q21 results were in line with expectations.
US REITs in the limelight with herd immunity in reach - THE EDGE SINGAPORE

REITs

US REITs in the limelight with herd immunity in reach

As the US reaches herd immunity, the economy opens, unemployment falls and growth surges, US S-REITs could attract attention
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