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14 May 2025
United Hampshire US REIT reports 1QFY2025 distributable income of US$6.3 mil, 1.4% lower y-o-y
Summary: United Hampshire US REIT reported a 1.4% decrease in distributable income to US$6.3 million for 1QFY2025, primarily due to divestments. Despite a 2% decrease in gross revenue, like-for-like revenue improved by 3.2% driven by new anchor tenants and rental escalations. The REIT’s leverage decreased to 39.2%, and occupancy rates remained strong at 97.2% for grocery & necessary properties and 93.6% for self-storage properties.