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United Hampshire US Reit acquires Wallingford Fair Shopping Center for US$21.4 million
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United Hampshire US REIT buys Connecticut shopping centre for US$21.4 mil
United Hampshire US REIT has completed the acquisition of Wallingford Fair Shopping Center, a grocery-anchored freehold retail property in Connecticut, as it continues to recycle capital into higher-yielding assets across the US. The purchase price of US$21.4 million ($27.56 million) is about 8.2% below the independent valuation of US$23.3 million, the REIT manager said in a bourse announcement on Jan 15. The 115,223 sq ft freehold retail proper…
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