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

Alternate Symbol(s):  HRUFF

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

Comment by SeekAlpha81on Jun 17, 2020 8:02pm
72 Views
Post# 31162730

RE:Why pay commercial rent in Ontario now?

RE:Why pay commercial rent in Ontario now?

Good thing 80+ pct of their tenants are BBB+ rated businesses and they shouldn't have a problem paying rent. If you analyzed their numbers the offices aren't the problem, it was retail paying 50pct of their rent. Now that all of their malls except for 2 in the GTA have reopened that will trend much higher. 

GLTA

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