United Hampshire US REIT (UHREIT) has reported gross revenue of USD18.1 million for the three months ended 31 March 2025, representing a year-on-year decrease of 2.0%.
The REIT's net property income fell by 8.4% to USD11.7 million, while distributable income decreased slightly by 1.4% to USD6.3 million.
These declines were primarily attributed to the divestment of freestanding Lowe's and Sam's Club properties within Hudson Valley Plaza in August 2024 and the Albany Supermarket in January 2025.
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