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United Hampshire US REIT posts 2H20 DPU of 3.03 US cents, 1.3% above IPO forecast

Felicia Tan
Felicia Tan2/26/2021 8:8 PM GMT+08  • 3 min read
United Hampshire US REIT posts 2H20 DPU of 3.03 US cents, 1.3% above IPO forecast
Units in United Hampshire REIT closed 0.5 cent higher or 0.8% up at 66 cents on Feb 26.
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The manager of United Hampshire US REIT has announced distribution per unit (DPU) of 3.03 US cents (4 cents) for the 2HFY2020 ended December, outperforming DPU forecast of 2.99 US cents by 1.3%.

Distributable income for the 2HFY2020 stood 2.0% higher than IPO forecast at US$15 million.

Distributable income for the period from the REIT’s listing date of March 12, 2020, to Dec 31, 2020 (or FP2020), was 1.3% above forecast at US$23.8 million.

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