SGX:ODBURetail REITs
United Hampshire US REIT (SGX:ODBU) Stock Profitability Masks Thin Interest Cover
United Hampshire US Real Estate Investment Trust slipped 2.8% over the past week to close at $0.525 on Friday, even as its latest half year earnings put the spotlight on a different story. The headline this time is not revenue or earnings per unit. It is pressure on the balance sheet as interest costs bite into what is otherwise a still profitable retail focused portfolio.
Net profit for the first half of 2026 came in at $11.861m on $37.82m of revenue, and the trust still trades on a P/E...