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 > Started Buying new shares of PMZ

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Comment by Capharnaumon Jan 11, 2022 2:36pm

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Post# 34304811

RE:RE:RE:Started Buying new shares of PMZ

my2pennies wrote:
It's 30% debt if you actually think the malls are worth what they say they are. IMHO, I'd say it's actually closer to 50-60% debt...which is why H&R didn't sell them off one by one like they are with so many other assets. Their actions speak very loudly.

I think the malls have good "hidden" value in that the land and space is worth a fair bit for redeployment (like multi residential).

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