United Hampshire US Real Estate Investment Trust (Reit), through its indirect wholly owned subsidiary UH US Albany 2019, has sold a supermarket property in the US state of New York for US$23.8 million.

However, the net proceeds of US$23.2 million from the divestment is about 10.2 per cent, or US$2.6 million, lower than the book value of the property, which stood at US$25.8 million as at Jun 30, 2024.