David Tuvia Goss, non-independent and non-executive director of United Hampshire US REIT (UHREIT), has increased his stake in the REIT.On June 28, Goss acquired 250,000 units on the open market at 60.85 US cents (84.53 cents) each. This follows the acquisition of 250,000 units each on June 20 and Ju...

UOB Kay Hian analyst Jonathan Koh is keeping his “buy” recommendation on United Hampshire US REIT (UHREIT) after the REIT announced the acquisition of Upland Square Shopping Center on June 9.Koh has also raised his target price on the REIT to 91 US cents ($1.26) from 88 US cents previously. The ...

ROBERT Schmitt, chief executive officer of the manager of United Hampshire US Real Estate Investment Trust (UHREIT), is in a bit of a pickle.

THE following companies saw new developments that may affect trading of their securities on Friday (Jun 10):

UNITED Hampshire US Real Estate Investment Trust (UHReit) is acquiring a grocery-anchored freehold shopping centre for US$85.7 million in Pennsylvania, expanding its footprint in the affluent Eastern seaboard.

United Hampshire US REIT is acquiring a new asset for US$85.7 million, 0.3% off an independent valuation.The asset, the Upland Square Shopping Centre, will help increase its pro forma distribution per unit by 2.13% from 6.23 US cents from 6.1 US cents, and to also grow its portfolio value by 6% to U...

UOB Kay Hian analyst Jonathan Koh is keeping his “overweight” call on the Singapore REIT (S-REIT) sector, as he sees upside from the reopening against the perceived threat against inflationary pressures.The way he sees it, nascent signs of the easing of inflationary pressures have emerged.“US ...

UOB Kay Hian analyst Jonathan Koh has kept “buy” on United Hampshire US REIT (UH REIT) with a lower target price of 92 US cents from the previous 97 US cents.In his May 17 note, Koh says UH REIT is trading at 2022 distribution yield of 10.2%, representing an attractive yield spread of 7.3% above...

Global issues like the Russsia-Ukrainian War and supply chain disruptions continue to affect markets around the world. RHB Group Investment Bank CEO Ganesh Sabaratnam observes that central banks today are treading a fine line between attempting to cap inflation without impacting economic growth — ...

On April 22, stapled security holders of CDL Hospitality Trusts (CDLHT) voted overwhelmingly to approve resolution 4, the implementation of a distribution reinvestment plan (DRP).In a 24- page circular on the rationale for DRP, CDLHT’s manager said: “the cash which would otherwise have been paya...