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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 garyreins on Mar 14, 2024 12:15pm

HR

Any idea why this reit particularly is getting taken to the cleaners? Down almost 20% in 8 weeks
Comment by Northforce13 on Mar 14, 2024 3:28pm
Institutional selling.  A week ago a Canadian pension fund sold their share of a NY office building for $1.  I'd imagine they and others of similar thought are selling all their office exposure down.  "I think its a winner when rates fall. And should be bought before that happends " What if we are entering a 70s-80s era & rates rise instead?  Few give ...more  
Comment by garyreins on Mar 14, 2024 3:54pm
well HR has sold corus for good buck so not all equatable
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