- Why UHREIT is resilient? UHREIT tenants are mostly in US Essential Services (94.8% occupancy) and long WALE of 8 years
United Hampshire US REIT ("UHREIT") is actually a very resilient SGX listed REIT that is very much misunderstood. It has even been paying out stable distributions during the worst of the COVID induced global recession period in 2020. The recent announcement of its 1st half results with 3.05 cents interim distribution means an annualized high distribution yield of +8.13% based on unit price of US$0.75 as at 12 August 2021. The high distribution yield is one of the highest in SGX listed REITs out there. As with all high yield REIT, there are certain risk that one needs to take note which I will explain towards the end of this post.