US Masters Residential Property Fund ( (AU:URF) ) has provided an update.
US Masters Residential Property Fund has issued an Explanatory Memorandum to inform securityholders about a proposed on-market buyback of its stapled securities. The buyback proposal is aimed at enhancing the value of the fund for its investors, and securityholders are encouraged to review the memorandum and seek professional advice before voting on the resolution.
More about US Masters Residential Property Fund
US Masters Residential Property Fund operates in the real estate industry, focusing on residential properties. The company offers investment opportunities through its stapled securities, combining units of URF I and URF II, and is listed on the ASX.
YTD Price Performance: 12.50%
Average Trading Volume: 599,698
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$279.8M
For detailed information about URF stock, go to TipRanks’ Stock Analysis page.