TORONTO, Jan. 17,
2024 /CNW/ - H&R Real Estate Investment Trust
("H&R REIT" or "H&R") (TSX: HR.UN) today announced that it
will release its financial results for the three months and year
ended December 31, 2023 on
Tuesday, February 13, 2024.
Management will host a conference call to discuss the financial
results for H&R REIT on Wednesday,
February 14, 2024 at 9.30 a.m.
Eastern Time.
Conference Call
Participants can join the call by dialing 1–888–886–7786 or
1–416–764–8658. For those unable to participate in the conference
call at the scheduled time, a replay will be available
approximately one hour following completion of the call. To access
the archived conference call by telephone, dial 1–416–764–8692 or
1–877–674–7070 and enter the passcode 698509 followed by the "#"
key. The telephone replay will be available until Wednesday, February 21, 2024 at midnight.
Webcast
A live audio webcast will be available through
https://www.hr-reit.com/investor-relations/#investor-events. Please
connect at least 15 minutes prior to the conference call to ensure
adequate time for any software download that may be required to
join the webcast. The webcast will be archived on H&R's website
following the call date.
Monthly Distribution
Declared
H&R today declared a distribution for the month of January
scheduled as follows:
|
Distribution per
Unit
|
Annualized
|
Record date
|
Distribution
date
|
January 2024
|
$0.05
|
$0.60
|
January 31,
2024
|
February 15,
2024
|
About H&R REIT
H&R REIT is one of Canada's
largest real estate investment trusts with total assets of
approximately $11.1 billion as at
September 30, 2023. H&R REIT has
ownership interests in a North American portfolio comprised of
high-quality residential, industrial, office and retail properties
comprising over 27.1 million square feet. H&R's strategy is to
create a simplified, growth-oriented business focused on
residential and industrial properties in order to create
sustainable long-term value for unitholders. H&R plans to sell
its office and retail properties as market conditions permit.
H&R's target is to be a leading owner, operator and developer
of residential and industrial properties, creating value through
redevelopment and greenfield development in prime locations within
Toronto, Montreal, Vancouver, and high growth U.S. sunbelt and
gateway cities.
Forward-looking
Statements
Certain statements in this news release contain forward-looking
information within the meaning of applicable securities laws (also
known as forward-looking statements). These forward-looking
statements include, but are not limited to, H&R's plans,
objectives, expectations and intentions, including with respect to
the timing of release of financial results and the payment of
distributions. Such forward-looking statements reflect H&R's
current beliefs and are based on information currently available to
management. These statements are not guarantees of future
performance and are based on H&R's estimates and assumptions
that are subject to risks and uncertainties, including those
discussed in H&R's materials filed with the Canadian securities
regulatory authorities from time to time, which could cause the
actual results and performance of H&R to differ materially from
the forward-looking statements contained in this news release.
Although the forward-looking statements contained in this news
release are based upon what H&R believes are reasonable
assumptions, there can be no assurance that actual results will be
consistent with these forward-looking statements. All
forward-looking statements in this news release are qualified by
these cautionary statements. These forward-looking statements are
made as of today and H&R, except as required by applicable law,
assumes no obligation to update or revise them to reflect new
information or the occurrence of future events or
circumstances.
Additional information regarding H&R REIT is available at
www.hr-reit.com and on www.sedarplus.com.
SOURCE H&R Real Estate Investment Trust