US Masters Residential Property Fund (Fund) was established in 2011 and is listed on the Australian Securities Exchange (URF.ASX). The Fund was established to give investors exposure to US residential property and is the largest Australian-listed property trust with a primary strategy of investing in freestanding and multi-tenant US residential property in the New York metropolitan area. The Fund is focused on seeking to achieve long-term returns through a combination of income from rental yields along with potential long-term capital growth. Since 2011, the Fund's portfolio has grown to 982 housing units across 551 freestanding properties, with a gross asset value of approximately $1.2 billion (as at 30 June 2020). The Fund conducts all its New York metropolitan area residential investment through its controlled entity US Masters Residential Property (USA) Fund, a Maryland Real Estate Investment Trust (US REIT). A dedicated team of highly-skilled professionals based in New York manages every aspect of the real estate investment process " from acquiring the properties and rehabilitating the assets, to leasing the homes and ongoing tenant management.
Research context
US Masters Residential Property Fund appears in PyInvesting’s Australia 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
- AUD
- Sector
- Real Estate
- Industry
- Residential & Commercial REITs
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5 years, 6 months ago
US Masters Residential Property Fund is currently in a long term uptrend where the price is trading 16.0% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 0.0.
US Masters Residential Property Fund's total revenue sank by 22.4% to $20M since the same quarter in the previous year.
Its net income has increased by 57.1% to $-46M since the same quarter in the previous year.
Finally, its free cash flow fell by 2.4% to $-5M since the same quarter in the previous year.
Based on the above factors, US Masters Residential Property Fund gets an overall score of 3/5.