US Masters Residential Property Fund (URF.AX)

0.2670 -0.0030 (-1.11%) At close: 03:53PM AEST

US Masters Residential Property Fund

Level 32
1 O’Connell Street
North Sydney, NSW 2000
Australia
61 3 9691 6110
https://www.usmastersresidential.com.au

Sector(s): Real Estate
Industry: REIT - Residential
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Ms. Caroline Purtell	Company Secretary of E&P Investments Limited	N/A	N/A	N/A

Amounts are as of , and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in AUD.

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).

Corporate governance

US Masters Residential Property Fund’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.