United Hampshire US REIT's (SGX:ODBU) distributable income was up 16% in Q3 to $7 million from $6 million a year earlier, according to a Friday filing with the Singapore Exchange.
Net property income was up 5.7% to $12.7 million from $12.0 million.
Gross revenue meanwhile, was up 1.4% year over year to $18.1 million from $17.9 million, backed by a 90% tenant retention rate and a WALE of 7.5 years.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.