United Hampshire US Real Estate Investment Trust
SSGX:ODBU0.42
USD
-0.01
(-2.35%)
ISIN
SGXC39411175
Return %
Stock
S&P 500
1Y
-17.00
14.20
3Y
-1.19
81.12
5Y
-39.42
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
USD
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
USD
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in mil. unless spec.Company Description
- CEO
- Wei Yi Yuen
- Full Time Employees
- 13
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- 80 Raffles Place Singapore CE Singapore 048624
- IPO Date
- Mar 12, 2020
- Website
- uhreit.com
- Similar Companies
- Business
- United Hampshire US Real Estate Investment Trust United Hampshire US Real Estate Investment Trust (SGX: ODBU.SI) is a Singapore-based real estate investment trust that invests in a diversified portfolio of stabilized income-producing grocery-anchored and necessity-based retail properties and modern, climate-controlled self-storage facilities located along the east coast of the United States. The trust's core assets comprise 21 high-quality properties, including 19 predominantly freehold grocery and necessity properties anchored by supermarkets and complemented by inline tenants offering lifestyle services such as hair salons and dry-cleaning stores, as well as two self-storage facilities; these properties span approximately 3.5 million square feet of net leasable area with a high committed occupancy of 97.2% for grocery and necessity segments and a weighted average lease expiry of 7.6 years. The majority of revenue derives from the Grocery and Necessity Properties segment, targeting necessity-driven retail demand in densely populated U.S. Northeast markets, with operations focused exclusively in the United States and unitholders provided regular distributions alongside long-term growth in distribution per unit and net asset value per unit. Listed on the Main Board of the Singapore Exchange since 12 March 2020 and headquartered in Singapore, the trust maintains a portfolio valued at approximately US$731.7 million (as of 30 June 2025, excluding recent additions) with 97.9% freehold status and an aggregate leverage ratio of 38.9%. In recent developments, United Hampshire US Real Estate Investment Trust completed the acquisition of Dover Marketplace, a freehold grocery-anchored retail property in Dover, Pennsylvania, for US$21.1 million (48% below independent appraisal value) on 1 August 2025, financed through proceeds from the Q1 2025 divestment of Albany Supermarket for US$23.8 million; this marks its third property in Pennsylvania and is projected to uplift distribution per unit by 2% to US$0.0403 on a pro forma FY2024 basis, aligning with portfolio optimization and capital recycling strategies. Additionally, the trust secured a US$350 million loan refinancing, extending debt maturities to 2029 and beyond, supporting its target of US$1 billion in assets under management by 2026.