United Hampshire US REIT (UHREIT) has explained several issues that were disclosed in its full-year financial results for 2021, including an almost 10% fall in valuation seen by one of its assets.
UHREIT reported on 23 February that its distributable income for 2H 2021 was up by 6.4% year-on-year and 4.6% above the forecast made during its initial public offering (IPO).
Accordingly, its FY2021 distribution per unit (DPU) of 6.10 US cents exceeds the IPO forecast by 0.2%.
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