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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 gasholeon Sep 14, 2021 12:13pm
196 Views
Post# 33855137

RE:RE:Split up

RE:RE:Split upYou might be right, I just hope it works out that it doesnt affect margin.. If you have people needing to dump shares because one division is marginable and others are not - - or for example you end up with a $2 stock in industrial (probably not marginable as its a $2 stock) then it will cause some chaos.. So hopefully we end up with all divisions over $10/share and how it all shakes out I am not sure about but I am sure HR has a plan on all that.

I do expect the dividend eventually (2 years Im guessing) back up to around $1.30 a share divided by the sectors it splits into.

Waiting patiently for news and updates on all this. 

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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