United Hampshire US REIT Files Prospectus for Singapore IPO

News about United Hampshire US REIT

US REIT are becoming popular in Singapore as another entrant is aiming to IPO: United Hampshire US REIT owns 22 properties in the American east-coast, with 18 used for grocery stores and 4 for self-storage. The portfolio has a global occupancy of 95.2% and a long weighted average lease expiry (WALE) by base rental income of 8.4 years:

The Reit's two sponsors are UOB Global Capital, a subsidiary of UOB, and Hampshire US Holdco, a subsidiary of The Hampshire Companies.

The prospectus is available for download on MAS website.

United Hampshire US REIT
Price0.425 USD
NAV0.720 USD
Yield (4 quarters)11.27%
Gearing41.7%