RE:RE:SellingYes, H&R is 100% of my real estate portfolio, which is levered
(because I already sold all the riocan, smart and pmz i bought at this cycle's low for a tidy gain).
Therefore, in order for me to unwind leverage, I must sell H&R as it is the only levered asset left for me to sell.
I've been putting leverage on and taking it off all year with REITs - sell the rip, buy the dip thereafter.
H&R is my favourite also, and at current valuations realiative to price - I can't justify allocating capital to another REIT for diversification. H&R asset portfolio is already diverisfied between assets, development and future options; us and canada; and, office, residential, industrial, and retail...
...does that make more sense?
materialsgirl wrote: Your blog is not very clear to me.
HR is now 100% of your real estate portfoilio.?
HR is my favourite too.
I foresee it double by December 2026 including reinvested distributions.
That is why I am not selling
mar