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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 its portfolio comprises 8,166 residential rental units. The Industrial segment consists of 66 industrial properties in Canada and two properties in the United States comprising 8.7 million square feet. The Office segment consists of 17 properties in Canada and three properties in select markets in the United States, aggregating 5.5 million square feet. The Retail segment consists of 34 properties in Canada, which are single tenant properties as well as two single tenant retail properties and one multi-tenant retail property in the United States.


TSX:HR.UN - Post by User

Post by CashFlowRangeron Feb 17, 2017 4:03pm
540 Views
Post# 25863373

Let's get the discussion going

Let's get the discussion going Looking to generate some discussion on HR.un as this board is dead.

I'm long on this stock and keep it as part of my income portfolio. Latest quarterly report sees them raising their dividend and divesting themselves of real estate focused in retail and/or Alberta - at least trimming their position - and reprioritizing to residential and industrial properties.

Given the long term foothold that e-commerce is carving out, and the struggles still with Oil/Alberta, I think this is a very sound strategy and am contemplating adding to my position.

Your thoughts would be most welcome.
CFR
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