Added to YB: 2026-10-14
Pitch date: 2026-10-12
HR-UN.TO [neutral]
H&R Real Estate Investment Trust
+2.39%
current return
Author Info
No bio for this author
Company Info
H&R Real Estate Investment Trust is one of Canada's largest real estate investment trusts. H&R REIT has ownership interests in a Canadian and U.
Market Cap
CAD 2.5B
Pitch Price
CAD 9.62
Price Target
N/A
Dividend
6.27%
EV/EBITDA
N/A
P/E
-4.42
EV/Sales
6.18
Sector
Diversified REITs
Category
special_situation
The Monday Morning Briefing: H&R Real Estate Investment Trust
HR-UN.TO (update): H&R REIT’s proposed GO Residential merger and CEO-led asset exchange disadvantage public unitholders: one holder calculates C$23.02 per unit of assets for the CEO, C$12.01 cash for trustees and executives, and C$10.14 in GO units plus cash for the public. The process bypassed multiple cash approaches, entails issuing ~134M units versus ~37M currently public, and could leave holders with taxable gains exceeding the C$4.28 cash distribution.
Read full article (1 min)