Quarterly Report - Q1 2026
| Stock | US Masters Residential Property Fund (URF.ASX) |
|---|---|
| Release Time | 19 May 2026, 2:54 p.m. |
| Price Sensitive | Yes |
US Masters Residential Property Fund Q1 2026 Quarterly Report
- Closed 40 asset sales for US$48.59 million
- Remaining portfolio net realisable value US$123.21 million
- Distributions of 10 cents per stapled security in Q1 2026
- Additional distribution of 4 cents declared post-quarter
- G&A expenses reduced to A$2.2 million
US Masters Residential Property Group's Quarterly Report for Q1 2026 highlights the sale of 40 assets for a total consideration of US$48.59 million, bringing the remaining portfolio's net realisable value to US$123.21 million. The Group aims to sell the remaining portfolio by the end of 2026, having already placed the entire portfolio in the sales pipeline. The Group paid a distribution of 10 cents per stapled security during Q1 2026, funded by the repatriation of net sales proceeds. An additional distribution of 4 cents per stapled security will be paid on or around 29 May 2026. General and Administrative (G&A) expenses for the quarter were A$2.2 million, down from A$2.8 million in Q1 2025. Funds from Operations (FFO) for the quarter, excluding disposal costs, was a loss of A$2.7 million.
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