Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Frankie10on Dec 14, 2021 11:58am
110 Views
Post# 34229205

RE:RE:RE:RE:Nobody gonna mention the 5% share buyback starting the 16th?

RE:RE:RE:RE:Nobody gonna mention the 5% share buyback starting the 16th?Brilliant. The only thing I will add is the 5% share buyback is effectivley bringing the distribution back to precovid levels. However, this way they are more flexible - if they slow buybacks the market won't punish them they way it would if they cut distribution. Considering that, I disagree with you that this adds to the likelihood of an increase in the distribution. I actually love this because rather then brining in new money to chase a higher yield, they are rewarding those who hold their units. Big fan of the moves this management team is doing. From building Riverlanding to selling the Bow with a buyback option at half of FMV. These guys are killing it. You would think the market would reward them, but no.. therefore, they are doing it themselves with the free cash flow that would otherwise be paid out via distribution.
<< Previous
Bullboard Posts
Next >>