Review of H&R Real Estate Investment Trust

DEC 10, 2024 - HR.UN is positioned to benefit from its focus on residential and industrial assets, particularly in high-demand urban and gateway markets. Its expansion into the US is also a smart strategy, and we feel that this will benefit the Trust long-term, but it does face headwinds through both its existing retail and office exposure, as well as its gradual purchase and development of new properties in the residential and industrial segments.
Its distribution yield is high at 7.2%, but its asset sales are still in progress, and we feel
it has a lot of work to fully turn its operations around