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 > might be smooth sailing to $12

<< Previous

Bullboard Posts

Next >>

Comment by Northforce13on Sep 14, 2024 8:09pm

57 Views

Post# 36224113

RE:might be smooth sailing to $12

"5% dividend,12x AFFO. Unlikley to go over unless theres some significant execution on their plan"

H&R is transforming into a residential REIT, which trade at higher multiples

Sitting while the gap closes over the next couple of years could be fortuitous

I haven't run the numbers, but if the gap is 40% and it takes 2 years to close, that is 1.5 to 2% per month in addition to normal gains and dividends for for the residential REITs group.

I hold a substantial amount of this

There is another poster, colombus I believe, who picked up 100k at 8.75 not that long ago when sentiment was horrible. He is smiling.

GLTA

<< Previous

Bullboard Posts

Next >>

How to trade on the stock market: A beginner’s guide