Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of Research, IPOs & Placements

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Equity Capital Markets

United Hampshire US REIT / Equity Capital Markets

United Hampshire US REIT (UHUS) aims to raise up to US$325m in its Singapore IPO. UHUS will invest in  grocery-anchored and necessity-based retail properties, and self-storage facilities, located in the U.S. The initial portfolio consists of 22 assets with an aggregate net lettable area (NLA) of 3.17m sqft on the East Coast of the U.S. The portfolio comprises 18 grocery &amp; necessity properties with a total NLA of 2.86m sq ft and four self-storage properties with a total NLA of 0.31m sq ft. The aggregate purchase consideration payable is US$582.5m.While the assets are being marketed for their tenant’s e-commerce resilience, their past performance hasn’t exactly been steady. Furthermore, the outlook for the industry doesn’t appear rosy either. In this note, I’ll look at the company’s past performance and highlight some of the issues.

United Hampshire US REIT (UHUS) aims to raise up to US$325m in its Singapore IPO. UHUS will invest in  grocery-anchored and necessity-based retail properties, and self-storage facilities, located in the U.S. The initial portfolio consists of 22 assets with an aggregate net lettable area (NLA) of 3.17m sqft on the East Coast of the U.S. The portfolio comprises 18 grocery &amp; necessity properties with a total NLA of 2.86m sq ft and four self-storage properties with a total NLA of 0.31m sq ft. The aggregate purchase consideration payable is US$582.5m.While the assets are being marketed for their tenant’s e-commerce resilience, their past performance hasn’t exactly been steady. Furthermore, the outlook for the industry doesn’t appear rosy either. In this note, I’ll look at the company’s past performance and highlight some of the issues.

United Hampshire US REIT IPO - E-Commerce Resistant Maybe but Still Not Doing Great

Singapore

United Hampshire US REIT operates as a real estate investment trust. The Company owns and operates shopping, storage, grocery, and necessity-based retail properties.

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United Hampshire US REIT (UHU SP)

United Hampshire US REIT IPO - E-Commerce Resistant Maybe but Still Not Doing Great

United Hampshire US REIT (UHUS) aims to raise up to US$325m in its Singapore IPO. UHUS will invest in grocery-anchored and necessity-based retail...

Sumeet Singh

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