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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

Post by SNAKEYBOYon Apr 30, 2022 9:58am
167 Views
Post# 34644669

5 year potential

5 year potential
If they continue to cancel 10% of the float every year at a discount, in 5 years half the shares will be retired, all their office/retal will be gone, and you will be sitting on $25-30/unit industrial and residential reit.    This is of course contingent on them selling their assets at or above FMV and buying back 50% of the float at a discount.
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