Key Highlights

  • US property sales settled at US$57.1 million in the June 2026 quarter.
  • Year-to-date property sales were US$105.7 million at 30 June 2026.
  • Of the 74 remaining properties, 59 were under contract and 12 were marketed for sale.

Shares of US Masters Residential Property Fund (ASX:URF) were indicated at AUD 0.11, with a 0.00% movement. The company’s announcement describes its reported earnings, portfolio activity and Capital position.

Property Disposal Programme

US Masters Residential Property Fund reported settled property sales of US$57.1 million during the second quarter of calendar 2026, bringing the total for the six months ended 30 June to US$105.7 million. Its stated objective was to sell the remaining portfolio by the end of calendar 2026, although the group acknowledged that municipal approvals, individual sales agreements and market conditions could affect completion.

Remaining Homes and Net Realisable Value

At quarter-end, the portfolio comprised 74 properties, of which 59 were under contract, 12 had been listed for sale and three were being prepared for listing. The group estimated portfolio net realisable value at US$70.5 million. It assigned US$56.2 million to the 59 contracted properties, US$9.0 million to the 12 marketed homes and US$5.3 million to the three remaining assets.

Debt, Distributions and Costs

During the quarter, URF repaid US$28.1 million of its Global Atlantic Debt facility, taking repayments for the first half of 2026 to US$52.5 million and leaving a quarter-end balance of US$21.7 million. It reported the Facility was subsequently repaid in full after quarter-end. Distributions paid during the first six months of 2026 totalled 14 cents per security. The group recorded a first-half FFO loss of AUD 6.6 million on its stated adjusted basis.

Reported Developments and Next Reporting Priorities

The announcement for US Masters Residential Property Fund (ASX:URF) describes the reported period and identifies the figures above as either completed results, historical operating measures or management guidance where explicitly stated. The figures should be read in the context of their stated reporting periods and accounting definitions. The reported developments concern the company’s own operations, and the announcement does not establish that planned transactions, targets or forecasts have already been completed.