H&R REIT announced that over 5 years it will transform from a diversified REIT into one focused on its thriving Lantower Residential business: Accelerated residential development will deliver meaningful NAV appreciationSpecialization will enhance investor appeal and eliminate the substantial discount at which units currently tradeSpinoff of H&R's malls into a new well-capitalized independent entity positions … Continue reading H&R REIT: Transform & Roll Out
Unit Price has sharply underperformed the sector since the onset of COVID Trading at a 44% discount to IFRS Net Asset Value (C$22.11) and less than 9X 2020 AFFO which has been temporarily depressed by COVIDRetail and energy tenants are performing better than feared H&R REIT (TSX:HR/UN)(HRUFF) units have fallen sharply this year due to … Continue reading H&R REIT: Fading Risk Should Be Reflected In A Higher Price
Unit price has fallen 47% since 2/28, much worse than peers Trading at a 53% discount to its IFRS Net Asset Value (C$21.80) and 8 X 2020 AFFO (C$1.30) which has been temporarily depressed by COVID Diversified business model is unpopular with investors, but heavy COVID impact on retail assets has been balanced by stable … Continue reading H&R REIT: Keep Calm And Call HR
Unit price has fallen 51% since 2/28, much worse than peers Trading at a 60% discount to its IFRS Net Asset Value ($25.79) and 7.3 X 2020 AFFO (C$1.40) estimated prior to the impact of the coronavirus Diversified business model is unpopular with investors, but includes high quality assets that should sustain their value through … Continue reading H&R REIT: This Blue Chip Canadian REIT Has Never Been Cheaper
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