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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

Comment by Frankie10on Nov 14, 2023 1:16pm
87 Views
Post# 35734801

RE:RE:NCIB

RE:RE:NCIB

Doubtful H&R is a buyer here. Per the last call and the quarterly reports - we should expect meaningful asset dispositions tonight (~200M CAD). I'm certain Tom said office was what was to be sold - and I believe it was in the US - not 100% sure on location - I recall Tom was hesitant to give away what he was doing by providing the State or Province. Of course, things may have changed since then.


I bought more this morning headed into earnings. Slow and methodical with a very long investment horizon is exactly how I would describe this managment team over my 3 years of observing them. 

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