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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

Post by SNAKEYBOYon May 12, 2022 7:31pm
167 Views
Post# 34679871

LET'S BE REAL

LET'S BE REAL
As I said before, the NAV could be marked up to $122 and it would not matter.  You know who determines the NAV? THE MARKET.  HR now has a similar balance sheet to PMZ. $22/share NAV and ~30% debt, 50-60% payout ratio. 

I did like the CEO change, and dividend bump for respect to investors.  They did hit all metrics, financials, NCIB, dividend increase, and fair value increase.  If the market does not reward this with a nice move up tomorrow. IM RETIRING
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