H and R Real Estate Investment Trust

H&R Real Estate Investment Trust (H&R) is a Canadian company engaged in ownership, management and acquisition of income-producing properties. It is also involved in different pre-leased projects. The company owns and operates 280 properties of which 34 are office properties, 124 are single-tenant industrial properties and 122 are retail properties. H&R generally owns its properties, or develops its projects through nominee companies. The revenue of the company is generally generated from office tenants, industrial tenants and retail tenants. The company operations are spanned across various geographic regions namely, the US, Quebec, Alberta, Ontario and others. It is headquartered at Toronto in Canad.The company reported revenues of (Canadian Dollars) CAD 612.05 million during the fiscal year ended December 2008, an increase of 4.93% over 2007. The operating profit of the company was CAD 43.25 million during the fiscal year 2008, a decrease of 55.08% from 2007. The net profit of the company was CAD 77.61 million during the fiscal year 2008, whereas the company reported a net loss of CAD 2.19 million during 2007.