H&R Real Estate ate Staple (TSE:HR.UN) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
H&R Real Estate Investment Trust reported a stable second quarter in 2024 with an overall portfolio occupancy rate of 96.9%. The company experienced a slight decrease in net operating income by 5.3% due to significant property sales, but saw an increase in Funds From Operations per unit from the previous year’s quarter. Additionally, the Trust maintained strong liquidity with $943 million available as of June 30, 2024.
For further insights into TSE:HR.UN stock, check out TipRanks’ Stock Analysis page.