H&R Real Estate Investment Trust T.HR.UN

Alternate Symbol(s): HRUFF

Real Estate REIT - Diversified

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.

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H&R Real Estate Investment Trust > Special distribution ....

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Comment by SNAKEYBOYon Nov 15, 2021 6:26pm

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Post# 34129474

RE:Special distribution ....

How are shareholders benefiting from the Special distribution in units if they will be "consolidated". Can someone explain that to me? How are unit holders before the Dec 31 ex-div benefiting then?

"Immediately following the special distribution, the outstanding Units of the REIT will be consolidated such that each
Unitholder will hold, after the consolidation, the same num ber of Units as such Unitholder held before the special
distribution"

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