United Hampshire US REIT H1 gross revenue rises on acquired properties, rental escalations

United Hampshire US REIT

13/08/2026 24:44

Overview
US retail property REIT's gross revenue for 1H 2026 grew 5.8% yr/yr
Net property income and distributable income for 1H 2026 rose 6.4% and 5.8%
Results driven by new acquisitions and rental escalations across portfolio

Outlook
Company says US consumer spending remains resilient, supporting retail and necessity property demand
United Hampshire US REIT expects to benefit from strong New York metropolitan market dynamics
Company plans to focus on proactive leasing and portfolio optimisation to drive rental growth

Result Drivers
NEW ACQUISITIONS - Contributions from recently acquired properties Dover Marketplace and Wallingford Fair Shopping Center drove revenue and NPI growth
RENTAL ESCALATIONS - Income benefited from contractual rental escalations and new lease commencements across portfolio
SELF-STORAGE OCCUPANCY - Self-storage properties saw occupancy rise 430 basis points to 93.5% as peak leasing season began

Company press release: ID:nSN7lMfTz

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Gross Revenue
 
$37.80 mln
 

Analyst Coverage
The one available analyst rating on the shares is "strong buy"
The average consensus recommendation for the commercial reits peer group is "buy."
Wall Street's median 12-month price target for United Hampshire US REIT is $0.72, about 34.6% above its August 12 closing price of $0.54
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago

Reuters Recommended Reads
Aug 10 - Simon Property raises annual funds from operations, net income forecasts on rising rent
Aug 12 - Singapore's Prime US REIT H1 income for distribution falls 33%
Aug 12 - Shopping centre operator Citycon's Q2 rental income rises on growth in mall leasing

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)