Australia
· Delayed Price · Currency is AUD ASX: URF 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.
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 853 housing units across 459 freestanding properties, with a gross asset value of approximately A$858 million (as at 30 June 2023).
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).
| Country | Australia |
| Founded | 2011 |
| Industry | REIT - Residential |
| Sector | Real Estate |
Contact Details
Address: Level 32 North Sydney, 2000 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 |
|---|---|
| Warwick Keneally B.Com., Bcom (Anu), Bec, C.A., Ca | Company Secretary |