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US Masters Residential Property Fund (URF.AX)

ASX - ASX Delayed price. Currency in AUD
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0.26500.0000 (0.00%)
At close: 03:23PM AEST

US Masters Residential Property Fund

100 Pacific Highway
Level 15
North Sydney, NSW 2060
Australia
1300 454 801
https://www.usmastersresidential.com.au

Sector(s)Real Estate
IndustryREIT—Residential
Full-time employees

Key executives

NameTitlePayExercisedYear born
Mr. Warwick Keneally Bcom (Anu), Bec, CaNon-Independent Exec. Director of E&P Investments LimitedN/AN/AN/A
Ms. Hannah Chan B.Com., CA, M.Com.Company Sec. of E&P Investments LimitedN/AN/AN/A
Mr. Brian DislerCo-Head & Co-CEO of US REITN/AN/AN/A
Caroline PurtellCompany Sec. of E&P Investments LimitedN/AN/AN/A
Mr. Kevin McAveyCo-Head & Co-CEO of US REITN/AN/AN/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 982 housing units across 551 freestanding properties, with a gross asset value of approximately $1.2 billion (as at 30 June 2020). 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). A dedicated team of highly-skilled professionals based in New York manages every aspect of the real estate investment process – from acquiring the properties and rehabilitating the assets, to leasing the homes and ongoing tenant management.

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.