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.

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H&R Real Estate Investment Trust > The Rules Don't Change

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Comment by materialsgirlon Nov 15, 2022 9:48am

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Post# 35099505

RE:RE:The Rules Don't Change

You sound disappointed. For sure performance over 3 years has been terrible.

I would say that a 9% yield, while possible, would be unwise.

Firstly the yield woud not happen because the share price would rise.

This short term rise would be offset by the drop in NAV.

I agree entirely that a solid business selling at half NAV is absurd.

Just note that they are implementing a cure by slowly eliminting the
"diversified" label

mat

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