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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 Infirstmoneyon Jan 08, 2022 10:57am
155 Views
Post# 34296035

RE:RE:RE:PMZ Shares Show in Royal Direct

RE:RE:RE:PMZ Shares Show in Royal DirectI find many of the value REITs, have had very good price appreciation, in addition to the yield, since March 2020. Many up over 20%. Apartment REITs and Industrials have performed very well in price for close to 3 years now. The latest shift appears to be in the higher yielding mixed REITS, like HR, REI, SRU, as selling off, or spinning off assets, is bringing out much higher valuations. Demand still very tight in Canada for rental units, affordable housing, industrial space. The shift to mix use these properties, even top of offices or retail buildings, into housing units, is really bringing in staggering amounts. 
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