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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 Shirtlessnomoreon Sep 07, 2021 11:02am
162 Views
Post# 33818810

RE:RE:Split up

RE:RE:Split upTo me this all sounds like a giant waste of time and money, the expense that will go into to this just bears the question, why??
materialsgirl wrote: gashole

The basic theme of what you think is similar to what I expect.

The number of shares for each division will be different for the reason you 
pointed out.

Conceptually you might get

0.5 shares for Division A
0.4 shares for Division B
0.3 shares for Division C
0.25 shares for Division D (Industrial for example)

The specifics would be based on the expected market cap of 
each division and then to target a sahre price for each in 
the $12 to $20 range.

The new values in total might be equivalent to $22 to $24
for the current shares.

A split-up might be done in conjunction with a merger plan idea
with another similar outfit in order to get better economies of scale.



This approach  would avoid the pitfall of having $2 or $3 share prices

I did not do a detailed evaluation;  just an illustration.

mat


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