SEE:UOB Kay Hian initiates United Hampshire US REIT at 'buy' with TP of 92 US cents
In 2020, the manager secured 25 new and extended retail leases spanning about 319,000 sqf. Looking ahead, the manager believes the REIT’s “resilient portfolio” remains “well-positioned” to weather the challenges ahead and will continue to look for “suitable accretive acquisition opportunities”. Units in United Hampshire REIT closed 0.5 cent higher or 0.8% up at 66 cents on Feb 26.