Added to YB: 2025-09-01
Pitch date: 2025-08-28
HR-UN.TO [neutral]
H&R Real Estate Investment Trust
-16.05%
current return
Author Info
Chris In Canada focuses on North American energy markets especially oilfield services, Canadian public real estate, SEDI scavenging. Sign up for the newsletter.
Company Info
H&R REIT is one of Canada's largest real estate investment trusts with total assets of approximately $9.
Market Cap
CAD 2.6B
Pitch Price
CAD 12.01
Price Target
18.00 (+79%)
Dividend
7.29%
EV/EBITDA
N/A
P/E
-6.31
EV/Sales
7.08
Sector
Diversified REITs
Category
special_situation
Stocks that interest me into year-end - H&R Real Estate Investment Trust
HR-UN.TO (quick overview): Strategic review underway w/ Blackstone reportedly interested in US multifamily assets. Trading at ~33% NAV discount ($12.10 vs ~$18 NAV) despite 49% Class A US multifamily. K2 Associates activist pressing for sale. Positive review outcome = material upside; failed deal = deep value play.
Read full article (2 min)