H&R has total assets of approximately $13.4 billion, with ownership interests in a North American portfolio of office, retail, industrial, and residential properties comprising over 40 million square feet. About 44% of its assets are office space and 33% retail, the majority of that in malls.
Income Investor
Sorry, you do not have access to this content.H&R has been a steady income producer for years, but the severity of the distribution cut and the problems faced by the retail sector of its portfolio suggest we should take the loss here and move on.- Gordon Pape