RE:RE:Pick a favorite " I am questioning owning HR. I think back a few years ago I used to wonder why HR seemed to be stuck around the $17-$18 mark even with their assets and seemed to be doing everhting right. "
Thats because you are either clueless about the asset breakdown difference between HR and SRU and Riocan or you are clueless when it comes market treatment of real estate asset.
Whats the best reit assets in order? Residentials , industrials, retail/commercial , office
residentials have the highest multiples, office has the worse multiples
You want to know why HR in despite of have slightly better numbers trade at a discount? look at their assets
HR as like 30 to 40% office vs 8% riocan and under 8% SRU
come on stinky gas , you should know better youve been around long enough