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 > INTEREST RATES

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Comment by Capharnaumon May 18, 2023 8:40pm

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Post# 35455677

RE:RE:RE:RE:RE:RE:RE:INTEREST RATES

I think that real estate will hold value because the cost of building new has just gone so much higher. The extra office supply can be repurposed at cheaper cost than building from scratch, especially if it's well located, as there's hardly any land piece to build out something new.

Long term, rents will be driven by new build costs, and those aren't coming down anytime soon, especially where population growth is higher than new builds.

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