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 SeekAlpha81on Nov 12, 2020 2:20pm

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Post# 31886371

RE:RE:Special dividend ???

Hey Mat,

Will there be a profit though? They wrote down the NAV from 25ish to 22ish. I don't thinking they'll have to pay anything out if they don't want to. This could be an amazing opportunity to take advantage of the depreciation expense to offset profit, and use the excess cash flow to buy back 5-10pct of the outstanding shares. Who knows we'll find out after 4PM and on the call tomorrow AM.

Any guesses as to what FFO will be?

GLTA

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