H&R Real Estate Investment Trust stock trades 21.10 percent below yearly high

Published on 09/25/2026 at 16:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

H&R Real Estate Investment Trust was linked to a USD 2.8 billion residential deal in August 2026. Its portfolio held 105 properties worth CAD 6.507 billion.

HR.UN, CA42173P1045, Illustration mit AI erstellt.

H&R Real Estate Investment Trust stock traded at CAD 9.46 on the TSX on September 25, 2026, down 0.37 percent from CAD 9.50. The price stood 21.10 percent below its 52-week high of CAD 11.99, giving investors a clear valuation reference as the REIT reshapes its property portfolio.

Residential deal sets the direction

The Motley Fool reported in August 2026 that Go Residential REIT planned to acquire 27 residential properties from H&R in a USD 2.8 billion transaction. The deal is scheduled to close in Q4 2026 and includes 134.2 million new Go units, a USD 30 million cash payment, CA$550 million of assumed debentures and USD 1.1 billion of assumed debt.

The transaction would leave H&R investors with 66.9 percent of Go Residential REIT, while existing Go unitholders would retain 33.1 percent, according to The Motley Fool. For H&R, the transaction centers attention on the value and future composition of its remaining assets.

Portfolio metrics show the asset base

As of March 31, 2026, H&R listed 105 properties across residential, industrial, office and retail segments. The portfolio had a fair market value of CAD 6.507 billion, with a weighted average capitalization rate of 5.68 percent, according to H&R REIT.

The same investor-relations page lists debt at 42.6 percent of total assets and a 55.1 percent payout ratio per unit as a percentage of funds from operations. The annual distribution was CAD 0.60 per unit, while net asset value stood at CAD 15.96 per unit, making the market price 40.73 percent below that NAV reference.

Stock stays close to yearly low

HR.UN traded between CAD 9.45 and CAD 9.50 during the September 25, 2026 session, compared with a 52-week range of CAD 9.30 to CAD 11.99. Its market capitalization was CAD 2.504 billion and volume was 20,474 units as of the same date.

The combination of a large residential transaction, a diversified asset base and a market price below both the yearly high and reported NAV gives the stock a focused valuation story. The next major checkpoint is the planned Q4 2026 closing of the property transaction.