🚀 1-Min Stock Rundown

📌 𝐔𝐧𝐢𝐭𝐞𝐝 𝐇𝐚𝐦𝐩𝐬𝐡𝐢𝐫𝐞 𝐔𝐒 𝐑𝐄𝐈𝐓: 𝐑𝐞𝐦𝐚𝐢𝐧𝐢𝐧𝐠 𝐑𝐞𝐬𝐢𝐥𝐢𝐞𝐧𝐭 𝐢𝐧 𝐚 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐅𝐢𝐫𝐬𝐭 𝐖𝐨𝐫𝐥𝐝

📦 1Q 2025 Snapshot

Gross revenue was US$18.1M, and distributable income came in at US$6.3M, down just 1.4% YoY. This decline was largely due to divestments. On a like-for-like basis (excluding divested assets), gross revenue actually rose 3.2% YoY - driven by new leases with Trader Joe’s and Dick’s Sporting Goods, plus rental escalations.

🏬 Divesting Non-Core Assets

The REIT sold off its Lowe’s, Sam’s Club, and Albany Supermarket properties over the past year. These were lower-yielding assets. The proceeds helped reduce gearing and created room for future acquisitions aligned with the REIT’s focus on grocery-anchored, necessity-based retail.

🛒 Portfolio Strength

Grocery & Necessity properties boast a high committed occupancy of 97.2%, while Self-Storage sits at 93.6%. The WALE stands at a solid 7.8 years, and tenant retention is high at 89%. Only 1.8% of leases are due in 2025 - offering exceptional income visibility.

💰 Distributions & Leverage

Net aggregate leverage improved to ~37% post-divestments, and no refinancing is required until November 2026. About 73.6% of loans are on fixed or hedged rates, with the average interest rate at 5.21%. The REIT remains well-positioned to maintain stable distributions.

📊 Attractive Valuation Metrics

At current prices, United Hampshire US REIT offers a trailing distribution yield of approximately 8.7% - among the highest in the Singapore REIT space. It also trades at a deep discount to NAV, with units priced at around 0.6x Price/NAV. For investors seeking high yield with strong downside protection, that’s a compelling combination.

🔍 Conclusion

With a focus on resilient tenants like supermarkets, fitness chains, and pharmacies, United Hampshire US REIT offers defensive income, long lease tenures, and a smart capital recycling strategy.

In a volatile macro backdrop, this REIT is quietly executing on fundamentals - and worth a closer look from any income-focused investor.

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Cheers,

James -Dissecting-Stocks-in-1-min- Yeo