SINGAPORE (Mar 3): The manager of United Hampshire US Real Estate Investment Trust has registered the prospectus for the proposed offering and listing of units of the REIT on the Mainboard of the Singapore Exchange (SGX).

Based on the offering price of US$0.80 ($1.12) per unit, United Hampshire US REIT offers a distribution yield of 7.4% in Forecast Period 2020 (FP2020) – the 10-month period from Mar 1, to Dec 31, 2020.

Distribution yield growth is expected to be 2.7% higher at 7.6% for Projection Year 2021 (PY2021) ending Dec 31, 2021.

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