Prime US REIT (PRIME), listed on the Main Board of the Singapore Exchange on 19 July 2019, is a well-diversified real estate investment trust (REIT) focused on stabilized income producing office assets in the United States (U.S.). With the objective to achieve long-term growth in distributions per unit and net asset value per unit while maintaining a robust capital structure, PRIME offers investors unique exposure to a high-quality portfolio of 13 Class A freehold office properties which are strategically located in 12 key U.S. office markets. PRIME's portfolio has a total carrying value of US1.4 billion dollars as of 30 June 2026. Prime US REIT was incorporated in 2018 in Singapore.
Research context
Prime US REIT appears in PyInvesting’s Singapore Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- USD
- Sector
- Real Estate
- Industry
- REIT - Office
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
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5 years, 6 months ago
Prime US REIT is currently in a long term uptrend where the price is trading 4.4% above its 200 day moving average.
From a valuation standpoint, the stock is 28.4% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 6.7.
Prime US REIT's total revenue rose by 115.8% to $72M since the same quarter in the previous year.
Its net income has dropped by 64.4% to $11M since the same quarter in the previous year.
Finally, its free cash flow grew by 10.7% to $22M since the same quarter in the previous year.
Based on the above factors, Prime US REIT gets an overall score of 4/5.