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UDR Inc.

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Shares of UDR have outperformed the industry it belongs to in the past month. Notably, the company’s portfolio, located in the targeted U.S. markets, has a superior product-mix. Favorable demographics, household formation, recovering economy and job market growth are expected to drive demand for UDR's properties. Further, its focus on enhancing the portfolio through expansion in core markets and sale of non-core ones is likely to support long-term growth. A strong balance sheet has also enabled the company to maintain its dividend payout. However, the company continues to deal with an elevated level of apartment supply in a number of its markets. This is likely to limit UDR’s ability to demand higher rents and also increase concessional activities. Rate hike remains a concern.


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