The US Student Housing REIT (ASX: USQ) released its maiden results on 30 August 2022 for the financial year ended 30 June 2022. USQ listed on the ASX on 8 March 2022, raising $15.5m through the issue of 11.2m units at $1.38 per unit. USQ invests in a portfolio of US student housing real estate assets within close proximity to …
FY22 LIC and LIT Review
The FY22 earnings season wrapped up at August-end. The FY22 LIC and LIT Review looks at the LIC and LIT share/unit price and pre-tax NTA/NAV performance for the financial year period ending 30 June 2022 (FY22) as well as looking at the dividends/distributions declared for the period and dividend coverage of the LICs. The broader Australian and global markets increased …
Richard Revelins Appointed as IIR North American Executive Director
John Kimber our North America Executive Director has announced his retirement and resigned from his duties from Independent Investment Research. We wish him the very best in his retirement. Richard Revelins who is based in Los Angeles has been appointed as our North American – Executive Director. Richard has over 30 years’ experience with international investment banks in the area of …
IIR LMI Monthly Update
The IIR LMI Monthly Report provides key LMI market news for the month of August as well as IIR research updates and key data points as at 31 July 2022. Earnings season wrapped up at August-end. Volatility in the market, particularly the 2H’FY22, was a drag on portfolio performance and impacted earnings for a number of LICs. From an income …