Property Stocks Down Under 20 July 2022: US Students Housing REIT (ASX:USQ)
US Students Housing REIT: The ASX's newest REIT
Today we look at the newest ASX REIT, US Student Housing REIT (ASX: USQ), which only listed earlier this year. As you may have guessed by its name, it specialises in student housing at US colleges. It listed at $1.38 per security and was bought to market by Auctus Investment Group, which is ASX-listed in its own right. The few ASX REITs to specialise in foreign property have not fared well, but could USQ be an exception?
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