Operations Review DPU Accretive Acquisition Continued Portfolio Expansion with Third Pennsylvania Acquisition On 1 August 2025, UHREIT completed the acquisition of Dover Marketplace, a dominant grocery-anchored freehold property located in Dover Township, York County, Pennsylvania, a stable suburban community. This acquisition marks UHREIT’s third asset in Pennsylvania, further strengthening its footprint along the affluent U.S. Eastern Seaboard. Dover Marketplace features a diversified tenant mix of nine tenants and is anchored by Giant, operated by Ahold Delhaize, a leading supermarket operator in the Mid-Atlantic region. Other notable tenants include M&T Bank, a Fortune 500 financial institution, and Subway, a globally recognised quick-service restaurant brand. The shopping center is strategically located at the southeast corner of the Carlisle Road (PA Route 74) and Palomino Road intersection, benefiting from strong visibility and excellent regional and local connectivity via major road networks. Maiden Entry into Wallingford, Connecticut On 14 January 2026, UHREIT completed the acquisition of Wallingford Fair Shopping Center, a dominant groceryanchored freehold property located in Wallingford. This acquisition represents UHREIT’s maiden entry into Connecticut, further extending its presence along the affluent U.S. Eastern Seaboard. Wallingford Fair Shopping Center is fully leased to three tenants and is anchored by ShopRite, a leading supermarket cooperative operating across six states, Connecticut, Delaware, Maryland, New Jersey, New York, and Pennsylvania. ShopRite has been operating at the property since 2010, underscoring the strength and stability of the location. The remaining tenants comprise Petco, a leading pet care retailer with over 1,500 locations nationwide offering a broad range of products and services, and a self-storage facility operated by Extra Space Storage, one of the largest selfstorage operators in the United States. Strategically situated in eastern New Haven County, the shopping center is located approximately 10 miles north of the New Haven central business district. It benefits from strong regional and local accessibility, supported by major road networks and a concentration of surrounding commercial and residential activity. Further details on the property are provided on page 59. 36 UNITED HAMPSHIRE US REIT
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