H&R Real Estate Investment Trust T.HR.UN

Alternate Symbol(s): HRUFF

Real Estate REIT - Diversified

H&R Real Estate Investment Trust is a Canada-based real estate investment trust. The Company owns, operates and develops residential and commercial properties across Canada and in the United States. The Company operates through the four segments: Residential, Industrial, Office and Retail. The Residential segment consists of approximately 24 residential properties in select markets in the United States and portfolio comprised of 8,166 residential rental units. The Industrial segment consists of 69 industrial properties in Canada and three properties in the United States comprising 8.7 million square feet. The Office segment consists of 18 properties in Canada and five properties in select markets in the United States, aggregating 5.8 million square feet. The Retail segment consists of 38 properties in Canada, which are grocery-anchored and single-tenant properties, as well as five automotive-tenanted retail properties and one multi-tenant retail property in the United States.

TSX:HR.UN - Post by User

H&R Real Estate Investment Trust

Bullboard Posts

Comment by born2tradeon Mar 29, 2020 10:10am

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Post# 30857265

RE:RE:RE:RE:RE:RE:WHERE DO REITS GO FROM HERE?

Market is pricing many REITs would take a hit in cash flows because their tenants would struggle to pay the rents if malls remain closed for extended period of time. This will result in dividend reduction. RioCan CEO mentioned on BNN that dome tenants would get a relief in the sense rent will get deferred but still needs to be paid (short term impact on cash flows) . H&R has 30% exposure to retail but don’t know what kind of tenants do they have ? Lower valuation on H&R vs RioCan seems to suggest few malls located in western Canada or oil sensitive regions. Would help the group if someone can throw more light on this . Regardless of short term headwinds, valuation is incredibly cheap as others on this board have mentioned.