Shares & Derivatives
An interesting buy part 2 – United Hampshire US Reit
By Happy REIT Investor  •  June 4, 2022
Follow up to my interesting buy part 1, here. United Hampshire Reit is also another 1 that is uncommon for me. United Hampshire US reit is asia’s first U.S. grocery-anchored shopping center and self-storage REIT, United Hampshire US REIT focuses on investing in a diversified portfolio of stabilised income-producing Grocery & Necessity Properties and modern, climate-controlled Self-Storage Properties located in the U.S. This is the first time i am buying into a reit that deals with grocery tenant anchored malls and it is based in the US. I thought it should be pretty defensive since groceries are essentials as we can see from what happened the last 2 years. People carting trolleys of stuff, necessities or not , packed like a little mountain. The reit management calls this cycle agnostic which means it is not vulnerable to cyclical shifts in the economy. Even when recession hit, people still need to eat or drink right? Sounds reasonable to me....
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By Happy REIT Investor
A father on career break ( or career suicide) so he can spend more time with the kids and also to refocus his life and career. Random musings ( investment, kids, current affairs, TV shows and what not) of his everyday life as a "full time parent" depending on his passive income to pay for his part of expenses at home. Fortunate to have a very supportive wife ( who by the way prefers me to be at home all the time than to travel for work all the time) and 2 cute kids.
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