United Hampshire US REIT Inc. (ODBU)

Overview

UHREIT, a notable entity in the real estate investment trust (REIT) sphere, made its debut on the Main Board of the Singapore Exchange on 12 March 2020. Established in Singapore, UHREIT's core investment philosophy revolves around the acquisition and management of a diversified portfolio comprising stabilized income-producing assets. Specifically, the trust's focus is on grocery-anchored and necessity-based retail properties, alongside modern, climate-controlled self-storage facilities, all predominantly situated within the U.S. The strategic selection of assets aims to secure tenants that exhibit resilience against the disruptive forces of e-commerce. These include entities from various sectors such as dining, home improvement, fitness, and retail clubs, particularly those that have successfully integrated omni-channel platforms into their business models. The current portfolio under UHREIT's management boasts 20 Grocery & Necessity Properties alongside two Self-Storage Properties. These assets, primarily of freehold tenure, are largely concentrated along the East Coast of the U.S. Collectively, they represent a carrying value of approximately US$763.4 million, covering an aggregate net lettable area of around 3.8 million square feet.

Products and Services

• Grocery & Necessity Properties

  UHREIT's portfolio of Grocery & Necessity Properties consists of 20 stabilised income-producing assets. These properties are strategically anchored by grocery stores and cater to essential retail needs, hence the designation of "necessity-based". Targeted tenants within these properties are seen as largely immune to e-commerce disruption, including restaurants, home improvement stores, and fitness centers. This selection criteria ensures a steady revenue stream, making these assets a vital component of UHREIT's investment strategy.

• Self-Storage Properties

  Including two modern, climate-controlled facilities, UHREIT's Self-Storage Properties provide flexible storage solutions primarily on the East Coast of the U.S. These properties complement the retail-oriented assets in the portfolio by offering storage services that demand physical presence, thus not easily substituted by digital alternatives. The strategic inclusion of self-storage facilities within UHREIT’s portfolio diversifies the trust's income sources and leverages the growing demand for storage in a cluttered and consumer-driven society.