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.

TSX:HR.UN - Post by User

H&R Real Estate Investment Trust > LONG WAY TO GO TO GET BACK TO $13-14

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Comment by Frankie10on Nov 11, 2022 12:06pm

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Post# 35091680

RE:RE:RE:RE:RE:LONG WAY TO GO TO GET BACK TO $13-14

happy to see it green - i sold my latest stack of riocan for a ~10% gain. (all margin)

riocan's yield is ~5% and my most expensive tranche of leverage is at prime (~6%). therefore, that capital, which used to passivley print money, now costs me "rent" on a marginal basis. being risk adverse, it made more sense for me to sell and pay down leverage, thus increasing my passive monthly income, take profit, and derisk my levered real estate portfolio.

just patiently sitting and waiting for hr earnings.