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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 Jul 06, 2021 4:12pm
196 Views
Post# 33500337

RE:Massive news coming

RE:Massive news comingHR largely continues to fly under the radar.  I read and watch a lot of stiff and I can hardly remember it being mentioned in the last 12 months.  Of course, we on the whole have a very quiet management.  Having said that, even AX.un is really struggling to get momentum.  I can only assume in both cases that people are waiting and seeing.  Same for Dream Office to a lesser degree.


materialsgirl wrote: Everyone knows it.   Everyone.
Yet the share price doed not truly reflect what 
might happen.
The big thing is that the Industrial segment will 
be sold or spun out to be merged with another 
such entity.  SMU.un might buy us out.
Other than that it is anyone's guess what form we 
will take.  I hope that we keep the BOW rather than 
sell it at a 9% or an 8% cap rate.  At a 6.25% cap rate 
I would give it two thumbs up to eliminate the drag factor.
It is about 13% of income which is very high for one property.
Still.

mat


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