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Bullboard - Stock Discussion Forum 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... see more

TSX:HR.UN - Post Discussion

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Post by SNAKEYBOY on Jul 12, 2023 7:54pm

HR REIT

Add back $3 FOR PMZ, and we're at $13.40. Considering HR was $25 10 years ago,  a high quality diversified reit,  hard to believe with record inflation it's value feel $12. Whose to say in 10 years we're not at $6? I'm really questioning if reits are good to be in with this capital destruction. Imagine buying in 2013 and looking now and seeing half your principal gone
Comment by JCW on Jul 12, 2023 9:35pm
$3 for PMZ  ???
Comment by SNAKEYBOY on Jul 12, 2023 11:31pm
The Primaris/PMZ split off of 4:1 share made HR drop by $3.
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