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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

Comment by BlueJay2020on Mar 30, 2021 7:37pm
78 Views
Post# 32911234

RE:RE:RE:RE:RE:RE:WHY IS HR STINKING IT UP TODAY

RE:RE:RE:RE:RE:RE:WHY IS HR STINKING IT UP TODAY

Yep. Now is the time to own it when there are relatively few bargains out there. I bought quite a lot of this well under $10, but then sold as there were much quicker gains to be made. That was totally the right decision in hindsight. But now I am being paid to wait and with more upside than downside in terms of yield AND SP.
 


materialsgirl wrote: Yes, conceptually any business venture with 4 different
business divisions should be subject to less volatility.

However in the case of Mining or REITs the typical investors
do not like diversification or complexity.  On top of that, investors 
will focus on the one division that has struggles.

It is just the way it is.

I bought HR for this reason.  The market had beaten the price down 
to $8 when I stumbled upon it.  Diversification is what took it down so 
low which is why I own it.  No point in complaining later when it behaves 
like it should.

I still see $22 in 2022 after remnants of COVID are mosrly gone.

mat

 

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