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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 Frankie10on May 12, 2022 11:59pm
131 Views
Post# 34680313

RE:43% DISCOUNT TO NAV- $2.5 BILLION UNRECOGNIZED VALUE

RE:43% DISCOUNT TO NAV- $2.5 BILLION UNRECOGNIZED VALUEAssets are lofty. Fed hasn't even signaled to stop tappering - no one is coming to save the market yet.

HR however was always a value play. And as expected in a liquidation event - people sold everything as they got margin called. This only became an even better value...

Buying more at the open... debating if I should sell a bit on the rip north of 13... unwind some leverage.

The perks of significant free cash flow during a liquidation event:

Management and the Board of Trustees believe that H&R's Units continue to trade at a significant discount to the REIT's NAV and using excess cash and lines of credit to repurchase Units is an optimal use of capital which will ultimately provide strong returns to unitholders.

SNAKEYBOY wrote: <br /> Using their updated figure $21.09 and $12.16 closing price.&nbsp; 2.5 BILLION market is not pricing in.&nbsp; And the fed says asset prices are lofty....sure
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