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.

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H&R Real Estate Investment Trust > Jackson Park in Long Island

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Comment by CatchTheDipon Apr 19, 2022 5:55pm

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Post# 34614696

RE:RE:Jackson Park in Long Island

Jackson Park will have its CAP rates compressed, and NAV increased. Read the Q4 Earnings Transcript. The fair value increase was only due to lease ups, not cap rate compression.

Mephistopheles3 wrote: For Jackson Park, keep in mind that H&R already did a write up of that asset in Q4-21 in the amount of $107.2 million (note 4 in the FS), so we might not see anything on that one as it was pretty much fully occupied by year end.

River Landing had no write up in 2021 when it was moved over to investment properties in Q2-21, so we can expect a write up here.

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A junior copper-gold stock trading at a bargain of monumental proportions