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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 Mephistopheles3on Nov 15, 2022 11:01pm
196 Views
Post# 35102012

RE:RE:RE:RE:RE:RE:RE:RE:RE:My high high expectations were wrong

RE:RE:RE:RE:RE:RE:RE:RE:RE:My high high expectations were wrongHey Mate, I would recommend to listen to the Q3 conference call as they talked a lot about this. I would say 2021 was a huge year for HR in achieving their 5 year plan. The Bow and PMZ spin off were really difficult in comparison with what has to be done next. The rest of their assets are very plain and easy to deal with if market conditions are right. On the call, they stated they are very much committed to the plan, but they will not compromise on unitholder value. In the market right now, no one is selling or buying and everything is frozen until things settle down. They earn good money on their office and retail assets and these all have long term leases, so they can afford to sit back and wait. HR is like the tortoise here, slow and steady will win the race.
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