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 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

H&R Real Estate Investment Trust

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Comment by wheeloffortuneon Jun 18, 2020 7:43am

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Post# 31163690

RE:RE:Why pay commercial rent in Ontario now?

The other issue is to qualify for CECRA rent forgiveness, a business has to have lost over 75% of sales. Most have online sales that are over 25% of overall sales and don't qualify for CECRA. Most restaurants offer takeout and delivery, which is 25%+ of overall sales. And those that do qualify, the mall has to forgive 25% of the rent. Do I hear another divy cut in the works? https://www.bdo.ca/en-ca/insights/tax/tax-alerts/canada-emergency-commercial-rent-assistance/

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