H&R Real Estate Investment Trust T.HR.UN

Roughly, 50% of properties are for disposal or convertion

[materialsgirl]

H&R BY THE NUMBERS

AS OF JUNE 30, 2022	RESIDENTIAL	INDUSTRIAL	OFFICE	RETAIL	TOTAL
Number of properties	24	71	27	286	408
Square feet (in thousands)	7,497	8,540	7,349	5,924	29,310
Fair market value of investment properties (in millions of Canadian dollars)	$3,673	$1,414	$3,397	$1,766	$10,250
Weighted average capitalization rate	3.79%	5.02%	5.99%	6.21%	5.10%

[Frankie10]

Yup, 50%. We are essentially participating in an orderly liquidation whereby we are slowly recognizing the 40% discount to NAV, as management makes sale after sale at IFRS values. 66.67% upside, no? (1 / 0.60 = 0.6667)