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H&R Real Estate ate Staple ( ($TSE:HR.UN) ) has provided an announcement.
H&R REIT announced its financial results for the fourth quarter of 2024, highlighting its successful strategic repositioning towards residential and industrial properties. The company completed the spin-off of its enclosed shopping centers and sold stakes in numerous properties, increasing the residential and industrial segments of its portfolio from 35% to 67%, and boosting its U.S. real estate assets from 44% to 70%. This repositioning underscores H&R’s commitment to simplifying its structure and focusing on growth and income-oriented investments.
More about H&R Real Estate ate Staple
H&R Real Estate Investment Trust (H&R REIT) operates in the real estate industry, focusing primarily on residential and industrial properties. The company is strategically repositioning itself to enhance growth and income by shifting its portfolio towards these sectors, with a significant market presence in the United States.
YTD Price Performance: 4.01%
Average Trading Volume: 683,119
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$2.53B
Learn more about HR.UN stock on TipRanks’ Stock Analysis page.
