Shares & Derivatives
United Hampshire US REIT Review @ 25 May 2023
By REIT-TIREMENT  •  May 25, 2023
Basic Profile & Key Statistics Main Sector(s): Retail & Logistics (Self-Storage)Country(s) with Assets: United StatesNo. of Properties (exclude development/associate/fund): 23 Key Indicators Performance Highlight Gross revenue, NPI and distributable income increased YoY mainly due to contributions from Upland Square which was acquired in Jul 2022. Development Construction of the new store expansion on ST. Lucie West excess land has commenced site work and is expected to be completed in 2024. Related Parties Shareholding REIT Sponsor's Shareholding: Below median by 20% or moreREIT Manager's Shareholding: ± 10% from medianDirectors of REIT Manager's Shareholding: Above median by 20% or more Lease Profile Occupancy: ± 5% from medianWALE: Above median by 20% or moreHighest Lease Expiry within 5 Years: Below median by 20% or more; Falls in 2027Weighted Average Land Lease Expiry: Above median by 20% or more Debt Profile Gearing Ratio: Above median by 10% or moreCost of Debt: Below median by 10% or moreFixed Rate Debt %: ±...
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By REIT-TIREMENT
I am Vince and welcome to my blog. I started this blog on 1st January 2019. Since the start of my investment journey, I have been fond of REITs because of its dividends. REITs allowed you to become a property landlord and get rental income without having to fork out large sum of initial capital, look out for tenant as well as manage the properties ...
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