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 > 30 year fixed mortgage

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Comment by SNAKEYBOYon Aug 22, 2023 2:14pm

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Post# 35600300

RE:30 year fixed mortgage

Dont need to be a mathemetican to know you can reprice real esate -10 to -30% without serious consequences for owners and lenders. The empire was built on low rates, it will come tumbling down soon enough. Why own a 5% cap rate property when your mortgage cant even cover it

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