United Hampshire US REIT Likely Benefiting From Some Initiatives -- Market Talk
Dow Jones2026/08/26 02:230223 GMT - United Hampshire US REIT is likely benefiting from some initiatives, UOB Kay Hian's Jonathan Koh says in a research report. At St. Lucie West in Florida, the REIT is developing a new 5,000-square-feet store next to the existing Academy Sports store, the analyst notes. The new store has been fully pre-leased to a health-insurance company, with the asset-enhancement initiative expected to generate a 10% return on investment. The REIT is also undertaking proactive capital recycling, having divested of BJ's Quincy club in Massachusetts. The brokerage maintains a buy rating but trims the target price to $0.69 from $0.72 based on changes to its dividend discount model. Units are unchanged at $0.50. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
August 25, 2026 22:23 ET (02:23 GMT)
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