United Hampshire US Reit says portfolio ‘remains resilient’ amid Covid-19 pandemic

The Business Times | Mar 27, 2020 at 12:00 AM
  • UNITED Hampshire US Real Estate Investment Trust (United Hampshire US Reit) on Friday said its portfolio “remains resilient and well-positioned” to navigate the novel coronavirus pandemic.
  • In contrast to enclosed malls which have been shut down to curb the spread of the novel coronavirus, the Reit’s suburban properties are open-air strip centres.
  • Businesses classified as non-essential in the Reit’s portfolios have closed – including health clubs and off-price clothing stores, as well as some restaurants due to the prohibition of sit-down dining.