URF 0.00% 28.5¢ us masters residential property fund

In a week or two the full year accounts for URF will be issued....

  1. 12,451 Posts.
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    In a week or two the full year accounts for URF will be issued.

    In H1 URF had property reval's in the order of A$22m with properties in the 1-4 family sector increasing by 8.6%.

    Most properties are in New Jersey and the rest scattered around NY and environs.

    H1 New Jersey Case-Shiller index rose +7.2%
    H1 New York Case -Shiller index rose +8.0%

    Q3 New Jersey Case-Shiller index rose +4.9%
    Q3 New York Case-Shiller index rose +2.5% (5 mths to Nov'21 NY index rose +3.4%)

    I am speculating there will be a approx $20m upwards property revaluation and based on approx 400 million SOI the NTA uplift will be about 5 cents per share.

    Cheers......D
 
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