Added to YB: 2026-09-02
Pitch date: 2026-08-31
HR-UN.TO [neutral]
H&R Real Estate Investment Trust
-1.52%
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 2.6B
Pitch Price
CAD 9.90
Price Target
10.84 (+9%)
Dividend
6.02%
EV/EBITDA
N/A
P/E
-4.60
EV/Sales
6.31
Sector
Diversified REITs
Category
special_situation
Newmoon Weekly Digest, 31 August 2026: Five Setups Worth a Closer Look - H&R REIT (HR.UN): An 8.8% Opportunity With a Possible Hedge
HR-UN.TO (monitor): H&R REIT offers a potential transaction spread: at its C$9.97 close on 28 August, the C$4.28 cash payment plus 0.5688 GO Residential REIT unit was worth approximately C$10.84, implying an 8.8% gross return. Shorting 0.5688 GO unit per H&R unit could reduce GO price risk, leaving about 7.5% before borrow fees after allowing for three monthly distributions that may need to be paid on the short. Key uncertainties are borrow cost and availability, US-dollar exposure and deal failure.
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