
TSE:HR.UN
This summary was created by AI, based on 1 opinions in the last 12 months.
H&R Real Estate Inv Trust (HR.UN-T) has been recognized as a classic value stock by experts, emphasizing its strategic move to focus solely on multi-family properties in the US and industrial assets in Canada. Despite a recently attempted strategic alternatives plan not culminating in a sale, the company has laid out a pragmatic approach to divest non-core assets. The pressures in the Sun Belt region of the US, particularly concerning new supply, could further impact the company's operational dynamics. Investors may find the attractive yield appealing as they wait for potential value-maximizing transactions to emerge. The execution of this refocused strategy will be critical for the company's future performance and value creation.
This is a good one. They are going to be increasing their payouts and have said when they are going to do so. This is because they halved the payout when they hadn't financed an acquisition in Calgary several years ago. 4.9% distribution. Nice mixture of office, retail and industrial. Good diversification.
REITs have done really, really well. Over the last few weeks, they had been consolidating some of the gains that they have had earlier in the year. Thinks the real estate theme will continue for quite some time because you are going to get nice dividend growth. This REIT is in AAA office space in the office market in Canada has very high occupancy. Doesn’t expect long-term rates are going to rise.
Very high quality REIT, primarily focused on commercial/industrial. The Bow in Calgary, which is their project, is starting to fill up. As occupancy increases, they have stated they will be increasing distributions. Expects distributions will increase by 12% from here to 2013. Very low lease expiry risk.
Really likes this stock below $25. Very high quality REIT. Long lease terms. Have refinanced. As Calgary’s Bow occupancy increases, they have indicated they will be increasing distributions. Expect money will flow back into high-yielding stocks as interest rates will stay low until 2015 according to Bernanke. Your 5.1% distribution yield plus 5% capital upside gives you a 10% total return.