Home Capital Results

United Hampshire US REIT sees 1HFY2022 DPU dip by 4.6% y-o-y to 2.91 US cents

Felicia Tan
Felicia Tan8/12/2022 10:30 AM GMT+08  • 2 min read
United Hampshire US REIT sees 1HFY2022 DPU dip by 4.6% y-o-y to 2.91 US cents
Upland Square Shopping Center. Photo: United Hampshire US REIT
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

The manager of United Hampshire US REIT (UHREIT) has declared a distribution per unit (DPU) of 2.91 US cents (3.99 cents) for the 1HFY2022 ended June, 4.6% lower y-o-y.

During the period, the REIT had a total of 559.95 million units in issue compared to the 498.5 million units in the same period the year before.

Gross revenue in the 1HFY2022 increased by 18.5% y-o-y to US$31.8 million mainly due to the contributions from Colonial Square and Penrose Plaza and the improved performance from Self-Storage Properties. Colonial Square and Penrose Plaza were both completed in November 2021.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.