Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
H&R REIT Q2 FY26 net income turns to profit at CAD 37.14 million; rentals from investment properties fall 16.78% to CAD 169.78 million

H&R REIT Q2 FY26 net income turns to profit at CAD 37.14 million; rentals from investment properties fall 16.78% to CAD 169.78 million

ReutersReuters2026/08/12 20:31
  • H&R Real Estate Investment Trust posted IFRS net income of CAD 37.14 million in Q2 2026, swinging from a loss a year earlier.
  • Rentals from investment properties fell 16.78% to CAD 169.78 million; IFRS net operating income dropped 18.64% to CAD 117.01 million.
  • Non-GAAP FFO declined 21.32% to CAD 69.09 million, while AFFO was little changed at CAD 73.52 million.
  • Under a court-approved arrangement, unitholders are set to receive CAD 4.28 cash and 0.5688 GO REIT units per unit, valued at CAD 12.01.
  • Deal implies about CAD 6.7 billion enterprise value including assumed debt; closing targeted for Q4 2026, pending approvals.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. H&R Real Estate Investment Trust published the original content used to generate this news brief on August 12, 2026, and is solely responsible for the information contained therein.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!