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HRR-UN

$--
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1d
1w
1m

Analysis and statistics

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About

HRR-UN.TO represents the units of H&R Real Estate Investment Trust, a Canadian open-ended real estate investment trust. The REIT owns, operates, and develops a diversified portfolio of commercial properties across North America, encompassing office, retail, industrial, and residential assets. Investors purchase units of the REIT, entitling them to a share of the REIT's income distributed as distributions, typically paid monthly, as well as potential appreciation in the unit price based on the performance of the underlying real estate portfolio.
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Factors

Currency Fluctuations: HRR-UN.TO's price is sensitive to CAD/USD exchange rates since it holds US REITs. A weaker CAD boosts its price.

US REIT Market Performance: Changes in US REIT valuations directly impact HRR-UN.TO as its underlying assets are US REITs.

Interest Rate Movements: Rising interest rates in the US can decrease US REIT values, affecting HRR-UN.TO negatively.

Investor Demand: Increased buying pressure on HRR-UN.TO can drive up its price, while selling pressure lowers it.

Distribution Yield: HRR-UN.TO's yield attractiveness relative to other investments influences investor demand and price.

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