United Hampshire US REIT ("UHREIT") announced another set of stellar half year results. Its Gross Rental increased +13.3% while Net Property Income increased +14% relative to its prior 1st Half FY2022. It has also successfully improved committed occupancy for its groceries and necessities properties to a record high of 97.9% with new and renewal leases totalling 331K sqft being signed in the 1st half of FY2023. At the price of US$0.42 per unit as at 11 August 2023 and a distribution declaration of 2.65cents per unit, UHREIT is effectively giving out an annualised distribution yield of 12.86% and this is notwithstanding an amount of US$1.5Mil being retained by its management for asset enhancement initiatives (the distribution yield would have been even higher at 13.86% if all of it are marked for payout). Congrats to all fellow current unit-holders who have been taking market risk to hold on to this US