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XASX
URF
Market cap52mUSD
Oct 09, Last price  
0.11AUD
1D
2.27%
1Q
-25.00%
IPO
-92.69%
Name

US Masters Residential Property Fund

Chart & performance

D1W1MN
XASX:URF chart
P/E
—
P/S
3.64
EPS
—
Div yield, %
100.00%
Shrs. gr., 5y
-1.14%
Rev. gr., 5y
-13.94%
Revenues
21m
-42.07%
1,024,9334,365,36710,681,88214,027,30736,985,33634,698,57237,051,27744,015,59752,677,09745,090,51239,573,58745,782,46246,191,44736,738,00021,284,000
Net income
-57m
L+27.01%
366,049-1,497,8818,180,165-3,889,59863,986-45,127,626-13,525,263-40,608,916-154,512,952-95,519,72421,140,0216,910,070-18,966,354-44,556,000-56,589,000
CFO
-12m
L+9.94%
-416,888-3,926,063-6,994,040-5,667,770-30,611,345-43,235,674-42,851,347-32,451,6534,118,836-8,044,404-8,888,691-4,944,100-4,970,156-10,770,000-11,841,000
Dividend
Aug 17, 20260.04 AUD/sh

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Profile

The US Masters Residential Property Fund, launched in 2011 and publicly traded on the Australian Securities Exchange (URF.ASX), offers investors a pathway to the U.S. residential property sector. It holds the distinction of being the largest Australian-listed property trust primarily dedicated to acquiring both detached and multi-unit residential properties within the expansive New York metropolitan area. The Fund's aim is to generate sustained long-term returns, derived from a combination of steady rental income and potential asset value growth. Since its inception, the portfolio has significantly expanded, now comprising 982 housing units spread across 551 freestanding properties, with an estimated gross asset value of $1.2 billion as of June 30, 2020. All its New York metropolitan area real estate investments are conducted via its subsidiary, the US Masters Residential Property (USA) Fund, which functions as a Maryland Real Estate Investment Trust (US REIT). A highly skilled team of professionals situated in New York oversees the entire real estate investment lifecycle, spanning from property procurement and restoration to tenant placement and continuous management.

Related entities

Subsidiaries (2)
USM URF AT HOLDINGS LLC
USM ASSET TRUST
Fund manager
E&P INVESTMENTS PTY LIMITED

Key people

Stuart Robert Nisbett
Independent Non-Executive Chairman of the Board · since 2019
Caroline Purtell
Company Secretary · since 2019
Sean Banchik
Non-Executive Independent Director · since 2024
Jack Lowenstein
Non-Executive Independent Director · since 2024
Peter Shear
Non-Executive Independent Director · since 2019
IPO date
Jul 23, 2012
Employees
Domiciled in
AU
Incorporated in
AU
Legal address
Level 32, 1 O'Connell Street
Sydney, NSW 2000
AU
Headquarters
c/o E&P INVESTMENTS LIMITED, Level 32, 1 O'Connell Street
Sydney, NSW 2000
AU

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