Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Northforce13on Feb 21, 2024 2:29am
186 Views
Post# 35890233

Long

LongBeen adding to HR.UN at +/- 10 recently

Over discounted, well managed

It will reprice at some point during their transition

Personally I'd rather they only sell if they get a great offer instead of chasinge XYZ category of building depending on market popularity.  

3-4 years from now, they might be done selling off the office just when apartments run into a big glut for some reason and become unpopular, while office capacity has been slashed and becomes popular.  

I prefer Morguard for this reason.   They just sold some hotels for above book value, shrewd move. 

I own both.

GLTA!

<< Previous
Bullboard Posts
Next >>