Australia · Delayed Price · Currency is AUD US Masters Residential Property Fund Company Description
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.
As of 31 December 2024, the Fund’s portfolio has 623 housing units across 340 freestanding properties, with a gross asset value of approximately A$710 million.
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).
In June 2024, the fund created a stapled group, by stapling units in a new fund US Masters Residential Property Fund II (ARSN 676 798 468) (URFII) to existing units in the Fund.
URF II was created to own a new responsible entity, US Masters Responsible Entity Limited (ACN 672 783 345 | AFSL 553 794), which is now owned by Fund Unitholders, independent of any financial services organisation and operates on a cost-recovery basis.
| Country | Australia |
| Founded | 2011 |
| Industry | REIT - Residential |
| Sector | Real Estate |
Contact Details
Address: Level 17 North Sydney, 2060 Australia | |
| Phone | 61 3 9691 6110 |
| Website | usmastersresidential.com.au |
Stock Details
| Ticker Symbol | URF |
| Exchange | Australian Securities Exchange |
| Fiscal Year | January - December |
| Reporting Currency | AUD |
| ISIN Number | AU000000URF4 |
| SIC Code | 6798 |
Key Executives
| Name | Position |
|---|---|
| Caroline Purtell B.A., L.L.B., L.L.M. | Company Secretary |