United Hampshire US Reit declares 12.1% higher H2 DPU of US$0.023
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United Hampshire US Real Estate Investment Trust (Reit) announced a 12.1% increase in its H2 distribution per unit (DPU) to US$0.023, despite a 0.3% decline in revenue to US$36.2 million. Net property income rose 2.3% to US$25 million, supported by new leases and lower interest costs. For the full year, DPU increased 8.1% to US$0.0439, with distributable income growing 5.7% to US$26.9 million. The Reit’s portfolio valuation rose 3.8% to US$774.3 million, and total unitholder returns reached 18% over three years.
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