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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 ScroogeMcDuck1on May 31, 2023 2:18pm
124 Views
Post# 35473110

RE:RE:RE:SCOOPED UP SOME SHARES OF MANY REITS

RE:RE:RE:SCOOPED UP SOME SHARES OF MANY REITSTO real estate prices make no sense.... but I watched a bunch of bnn videos yesterday and here is some stats... a condo building takes 100months to plan and complete, 70% of condo buyers are investors.  As the interest rate math makes current rentals under water, new supply will come to a halt for many years.   Makes HR condo conversion plans for office look good.  Looked on mls this morning and a new studio 500sqft condo is 400k.  I feel bad for people with those options infront of them. 
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