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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 Mar 27, 2024 1:57pm
63 Views
Post# 35956031

RE:superficial analysis

RE:superficial analysisNot hard to see it is mispriced given that the underlying is two-thirds residential and industrial. Has management has capitulated given the lack of buybacks insider buys. I have loved what this managment has done over the past couple years - I hope they aren't buying because another huge deal is in the works. Nothing else makes sense why they wouldn't be buying H&R up the way many other insiders are buying up their own REITs. Time will tell.
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