Stocks to Watch: H&R Real Estate Investment Trust (TSX:HR.UN) Up +1.11%

At close of market on Thursday, H&R Real Estate Investment Trust (TSX:HR.UN) stock finished trading at +1.11%, bringing the stock price to $23.52 on the Toronto Stock Exchange. The stock price saw a low of $23.33 and a high of $23.54.

The company’s stock was traded 2,155 times with a total of 1,957,817 shares traded.

H&R Real Estate Investment Trust has a market cap of $6.75 billion, with 285.7 million shares in issue.

H&R Real Estate Investment Trust is a real estate investment trust principally involved in the ownership of properties in Canada and the U.S. H&R owns and manages a real estate portfolio rather equally divided between property in the Canadian provinces of Ontario and Alberta and in the U.S. Office buildings located primarily in Ontario comprise the majority of H&R’s assets, while shopping centers managed by Primaris Management and other retail facilities also make up a considerable share. H&R derives almost all of its revenue from the rental income it receives from its investment properties. The majority of this income is generated by its Canadian properties. In terms of property type, H&R’s offices contribute to most of its total revenue.

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