Investor Relations

STOCK INFORMATION

H&R BY THE NUMBERS

As of March 31, 2020OfficeRetailIndustrialResidentialTotal
Number of properties333268822469
Square feet (in thousands)10,81113,4739,3517,15340,788
Fair market value of investment properties
(in millions of Canadian dollars)
$5,460$3,618$1,075$2,957$14,051
Weighted average capitalization rate6.28%7.30%5.57%4.76%6.15%
Debt to total assets per the REIT's Financial StatementsPayout ratio per Unit as a % of FFOAnnual distribution per UnitCurrent yieldNAV per Unit
47.9%76.5%$0.698.1%$22.26

GOVERNANCE

ReportPDF Download
Audit Committee Charter/wp-content/uploads/2019/09/Audit-Committee-Charter-Schedule-A-in-AIF.pdf
Compensation, Governance and Nominating Committee Charter/wp-content/uploads/2019/09/Compensation-and-Governance-Committee-Charter.pdf
Code of Business Conduct and Ethics/wp-content/uploads/2019/09/HR-Code-of-Business-Conduct-and-Ethics.pdf
Declaration of Trust/wp-content/uploads/2019/09/HR-Declaration-of-Trust-2018.pdf
Disclosure and Social Media Policy/wp-content/uploads/2019/09/Disclosure-Social-Media-Sch-A.pdf
Diversity Policy/wp-content/uploads/2019/09/HR-REIT-Diversity-Policy-Jan-28-19.pdf
Majority Voting Policy/wp-content/uploads/2019/09/HR-REIT-Majority-Voting-Policy-No-CG-Committee.pdf
Trading Policy/wp-content/uploads/2019/09/Trading-Policy.pdf
Trustees Mandate/wp-content/uploads/2019/09/Trustees-Mandate-Schedule-C-in-Information-Circular.pdf
Trustees Regulations/wp-content/uploads/2019/09/Trustees-Regulations-CheckCode1.pdf
Unitholders Rights Plan/wp-content/uploads/2019/09/HR-Unitholder-Rights-Plan-2018.pdf
Whistleblower Policy/wp-content/uploads/2019/09/Whistleblower-Policy.pdf

FINANCIAL REPORTS

Quarterly StatementsFiling DatePDF Download
2020H&R Q1 202005/14/2020/wp-content/uploads/2020/05/Q1-2020-Mar-31-Complete-Report.pdf
2019H&R Q3 201911/13/2019/wp-content/uploads/2020/03/Q3-2019-Sep-30-Complete-Quarterly-Report.pdf
2019H&R Q2 2019 08/14/2019/wp-content/uploads/2019/09/HR-COMBINED-Q2-2019.pdf
2019H&R Q1 201905/14/2019/wp-content/uploads/2019/09/HR-COMBINED-Q1-2019.pdf
2018H&R Q3 201811/12/2018/wp-content/uploads/2019/09/HR-COMBINED-Q3-2018.pdf
2018H&R Combined Q2 201808/09/2018/wp-content/uploads/2019/09/HR-COMBINED-Q2-2018.pdf
2018H&R Combined Q1 201805/11/2018/wp-content/uploads/2019/09/HR-COMBINED-Q1-2018.pdf
2017H&R Combined Q3 201711/13/2017/wp-content/uploads/2019/09/HR-COMBINED-Q3-2017.pdf
2017H&R Combined Q2 201708/10/2017/wp-content/uploads/2019/09/HR-COMBINED-Q2-2017.pdf
2017H&R Combined Q1 201705/15/2017/wp-content/uploads/2019/09/HR-COMBINED-Q1-2017.pdf
2016H&R Combined Q3 201611/14/2016/wp-content/uploads/2019/09/HR-COMBINED-Q3-2016.pdf
2016H&R Combined Q2 201608/09/2016/wp-content/uploads/2019/09/HR-COMBINED-Q2-2016.pdf
2016H&R Combined Q1 201605/11/2016/wp-content/uploads/2019/09/HR-COMBINED-Q1-2016.pdf
2015H&R Combined Q3 201511/05/2015/wp-content/uploads/2019/09/HR-COMBINED-Q3-2015.pdf
2015H&R Combined Q2 201508/06/2015/wp-content/uploads/2019/09/HR-COMBINED-Q2-2015.pdf
2015H&R Combined Q1 201505/07/2015/wp-content/uploads/2019/09/HR-COMBINED-Q1-2015.pdf
2014H&R Combined Q3 201411/13/2014/wp-content/uploads/2019/09/HR-COMBINED-Q3-2014.pdf
2014H&R Combined Q2 201408/14/2014/wp-content/uploads/2019/09/HR-COMBINED-Q2-2014.pdf
2014H&R Combined Q1 201405/14/2014/wp-content/uploads/2019/09/HR-COMBINED-Q1-2014.pdf
2013H&R Combined Q3 201311/14/2013/wp-content/uploads/2019/09/HR-COMBINED-Q3-2013.pdf
2013H&R Combined Q2 201308/14/2013/wp-content/uploads/2019/09/HR-COMBINED-Q2-2013.pdf
2013H&R Combined Q1 201305/13/2013/wp-content/uploads/2019/09/HR-COMBINED-Q1-2013.pdf
2012H&R Combined Q3 201211/14/2012/wp-content/uploads/2019/09/HR-COMBINED-Q3-2012.pdf
2012H&R Combined Q2 201208/14/2012/wp-content/uploads/2019/09/HR-COMBINED-Q2-2012.pdf
2012H&R Combined Q1 201205/15/2012/wp-content/uploads/2019/09/HR-COMBINED-Q1-2012.pdf
2011H&R Combined Q3 201111/14/2011/wp-content/uploads/2019/09/HR-COMBINED-Q3-2011.pdf
2011H&R Combined Q2 201108/11/2011/wp-content/uploads/2019/09/HR-COMBINED-Q2-2011.pdf
2011H&R Combined Q1 201106/14/2011/wp-content/uploads/2019/09/HR-COMBINED-Q1-2011.pdf
2010H&R Combined Q3 201011/11/2010/wp-content/uploads/2019/09/HR-COMBINED-Q3-2010.pdf
2010H&R Combined Q2 201008/12/2010/wp-content/uploads/2019/09/HR-COMBINED-Q2-2010.pdf
2010H&R Combined Q1 201005/14/2010/wp-content/uploads/2019/09/HR-COMBINED-Q1-2010.pdf
2009H&R Combined Q3 200911/13/2009/wp-content/uploads/2019/09/HR-COMBINED-Q3-2009.pdf
2009H&R Combined Q2 200908/13/2009/wp-content/uploads/2019/09/HR-COMBINED-Q2-2009.pdf
2009H&R Combined Q1 200905/14/2009/wp-content/uploads/2019/09/HR-COMBINED-Q1-2009.pdf
Annual ReportFiling DatePDF Download
2019H&R 2019 Annual Report2/14/2020/wp-content/uploads/2020/03/Q4-2019-Dec-31-Complete-Annual-Report.pdf
2018H&R 2018 Annual Report2/14/2019/wp-content/uploads/2019/09/HR-Combined-2018-Annual-Report.pdf
2017H&R Combined 2017 Annual Report2/14/2018 /wp-content/uploads/2019/09/HR-Combined-2017-Annual-Report.pdf
2016H&R Combined 2016 Annual Report2/15/2017/wp-content/uploads/2019/09/HR-Combined-2016-Annual-Report.pdf
2015H&R Combined 2015 Annual Report2/17/2016/wp-content/uploads/2019/09/HR-Combined-2015-Annual-Report.pdf
2014H&R Combined 2014 Annual Report2/17/2015/wp-content/uploads/2019/09/HR-Combined-2014-Annual-Report.pdf
2013H&R Combined 2013 Annual Report2/27/2014/wp-content/uploads/2019/09/HR-Combined-2013-Annual-Report.pdf
2012H&R Combined 2012 Annual Report3/8/2013/wp-content/uploads/2019/09/HR-Combined-2012-Annual-Report.pdf
2011H&R Combined 2011 Annual Report3/12/2012/wp-content/uploads/2019/09/HR-Combined-2011-Annual-Report.pdf
2010H&R Combined 2010 Annual Report2/24/2011/wp-content/uploads/2019/09/HR-Combined-2010-Annual-Report.pdf
2009H&R Combined 2009 Annual Report2/25/2010/wp-content/uploads/2019/09/HR-Combined-2009-Annual-Report.pdf

REGULATORY INFORMATION

View the Annual Information
Form for 2019
Download PDF

View the Management Information Circular
Form for 2019
Download PDF

View the Form of Proxy for 2019
Download PDF

View the Notice of Annual Meeting of Unitholders for 2019
Download PDF

DISTRIBUTION INFORMATION

H&R’s current monthly distribution is $0.0575 per Unit which equates to an annual distribution of $0.69 per Unit with an approximate yield of 8.1%.

On August 31, 2018, H&R completed the previously announced amended internal reorganization which resulted in the Stapled Unit structure being unwound. Unitholders now only hold units of H&R REIT to reflect their investments. Click here (Download News in PDF:H&R Real Estate Investment Trust Announces Completion of Previously) for more information.

 

Annual Tax Treatment of Distributions

(Payout Ratio per Unit, as a % of Funds From Operations is 76.5%)

YearREIT DistributionDownload Tax InformationFinance Trust DistributionDownload Tax InformationCombined DistributionDownload Tax InformationOther
2019$1.38/wp-content/uploads/2020/03/2019-Tax-Treatment.pdfN/AN/A
2018$1.30/wp-content/uploads/2019/10/2018-Tax-Treatment-REIT.pdf$0.08Download REIT
Distribution Tax Information Year 2018$1.38Download Combined Distribution Tax Information Year 2018Download Other Tax Information Year 2018
2017$1.27/wp-content/uploads/2019/10/2017-Tax-Treatment-REIT.pdf$0.11Download REIT
Distribution Tax Information Year 2017$1.38Download Combined Distribution Tax Information Year 2017
2016$1.23/wp-content/uploads/2019/10/2016-Tax-Treatment-REIT.pdf$0.12Download REIT
Distribution Tax Information Year 2016$1.35Download Combined Distribution Tax Information Year 2016
2015$1.23/wp-content/uploads/2019/10/2015-Tax-Treatment-REIT.pdf$0.12Download REIT
Distribution Tax Information Year 2015$1.35Download Combined Distribution Tax Information Year 2015
2014$1.24/wp-content/uploads/2019/10/2014-Tax-Treatment-REIT.pdf$0.11Download REIT
Distribution Tax Information Year 2014$1.35Download Combined Distribution Tax Information Year 2014
2013$1.26/wp-content/uploads/2019/10/2013-Tax-Treatment.pdf$0.09Download REIT
Distribution Tax Information Year 2013$1.35Download Combined Distribution Tax Information Year 2013
2012$1.10/wp-content/uploads/2019/10/2012-Tax-Treatment-REIT.pdf$0.08Download REIT
Distribution Tax Information Year 2012$1.18Download Combined Distribution Tax Information Year 2012
2011$0.88/wp-content/uploads/2019/10/2011-Tax-Treatment-REIT.pdf$0.10Download REIT
Distribution Tax Information Year 2011$0.98Download Combined Distribution Tax Information Year 2011
2010$0.68/wp-content/uploads/2019/10/2010-Tax-Treatment-REIT.pdf$0.11Download REIT
Distribution Tax Information Year 2010$0.79Download Combined Distribution Tax Information Year 2010
2009$0.61/wp-content/uploads/2019/10/2009-Tax-Treatment-REIT.pdf$0.11Download Finance Trust
Distribution Tax Information Year 2009N/A
2008$1.40/wp-content/uploads/2019/10/2008-Tax-Treatment-REIT.pdf$0.04Download Finance Trust
Distribution Tax Information Year 2008N/A
2007$1.37/wp-content/uploads/2019/10/2007-Tax-Treatment.pdfN/AN/A
2006$1.33/wp-content/uploads/2019/10/2006-Tax-Treatment.pdfN/AN/A
2005$1.30/wp-content/uploads/2019/10/2005-Tax-Treatment.pdfN/AN/A
2004$1.24/wp-content/uploads/2019/10/2004-Tax-Treatment.pdfN/AN/A
2003$1.22/wp-content/uploads/2019/10/2003-Tax-Treatment.pdfN/AN/A
2002$1.20/wp-content/uploads/2019/10/2002-Tax-Treatment.pdfN/AN/A
2001$1.16/wp-content/uploads/2019/10/2001-Tax-Treatment.pdfN/AN/A
2000$1.11/wp-content/uploads/2019/10/2000-Tax-Treatment.pdfN/AN/A
1999$1.10/wp-content/uploads/2019/10/1999-Tax-Treatment.pdfN/AN/A
1998$0.92/wp-content/uploads/2019/10/1998-Tax-Treatment.pdfN/AN/A
1997$0.92/wp-content/uploads/2019/10/1997-Tax-Treatment.pdfN/AN/A

Unitholder Distribution Reinvestment Plan and Unit Purchase Plan

H&R REIT has suspended its’ Distribution Reinvestment Plan (“DRIP”) and Unit Purchase Plan until further notice. Commencing with the March 2018 distribution, unitholders who elected to participate in the DRIP will receive the full declared cash distributions on their Stapled Units on the distribution payment date.

Since January 2000, H&R REIT has offered Canadian registered unitholders the opportunity to participate in its Unitholder DRIP and Unit Purchase Plan.

The DRIP allows participants to reinvest their monthly cash distributions in additional units of H&R REIT at the weighted average price of the units on the TSX for the five trading days immediately preceding the cash distribution date. In addition, participants are entitled to receive an additional distribution equal to 3% of each cash distribution reinvested pursuant to the DRIP, which will be reinvested in additional units.

The Unit Purchase Plan allows participants to purchase additional units on a monthly basis at the Average Market Price subject to a minimum purchase of $250 per month (up to a maximum of $13,500 per year) for each participant.

Click here (DRIP and Unit Purchase Plan Brochure in PDF) for a copy of the DRIP and Unit Purchase Plan Brochure.

For more information on the DRIP and/or the Unit Purchase Plan, please email us through the “Contact Us” web page, or contact the plan agent: AST Trust Company (Canada), P.O. Box 4229, Station A, Toronto, Ontario  M5W 0G1, Tel: 1-800-387-0825 (or for callers outside North America:  416-682-3860), Fax: 1-888-488-1416, Email: inquiries@canstock.com; Website:  www.canstockta.com

ReportPDF Download
U.S. Withholding Tax Treatment of DistributionsU.S. Withholding Tax Treatment of Distributions
Canadian Withholding Tax Treatment of DistributionsCanadian Withholding Tax Treatment of Distributions

ANALYST COVERAGE

The following analysts report on H&R REIT:

BrokerageAnalystPhoneE-mail
BMO Capital MarketsJenny Ma416-359-4955JennyS.Ma@bmo.com
CIBC World MarketsDean Wilkinson416-594-7194dean.wilkinson@cibc.com
National Bank Financial Matt Kornack416-507-8104matt.kornack@nbc.ca
RBC Capital MarketsNeil Downey416-842-7835neil.downey@rbccm.com
Scotia CapitalMario Saric416-863-7824mario.saric@scotiabank.com
TD SecuritiesSam Damiani416-983-9640sam.damiani@tdsecurities.com

*Any opinions expressed by analysts are their own, and do not necessarily represent those of H&R REIT.

INVESTOR PRESENTATIONS

View the latest version of our debt investor presentation
Download PDF

View the latest version of our investor presentation
Download PDF

View our Canadian Investor Day Tour presentation
Download PDF

View our New York Investor Day Tour presentation
Download PDF

INVESTOR EVENTS

Annual General Meeting

ItemDetail
Event:The Annual Meeting of Unitholders of H&R REIT (by virtual meeting only via live audio webcast)
Date:Tuesday, June 16, 2020
Time:10:30 am
Audio Webcast2020 AGM Webcast

Conference Call & Webcast

ItemDetail
Event: Quarterly Conference Call
Date: Thursday, August 13, 2020
Time:9:30 am ET
Audio Webcast: Q2 2020 Audio Webcast
Q2 2020 Report:N/A
Conference Call Details:Local & International: (647) 427-7450
Toll Free: (888) 231-8191
Conference ID: N/A

Sustainability

Sustainability Policy
Download PDF

Sustainability Report 2020
Download PDF

Sustainability Report 2020 Supplement
Download PDF

Stay up to date with the latest H&R Investor Information