logo

H&R Announces Date of Second Quarter 2025 Earnings Release, Conference Call and Webcast and Declares June 2025 Distribution

Cision Canada5 hours ago

TORONTO, June 19, 2025 /CNW/ - H&R Real Estate Investment Trust ("H&R" or the "REIT") (TSX: HR. UN) today announced that it will release its financial results for the three and six months ended June 30, 2025 on Wednesday, August 13, 2025. Management will host a conference call to discuss the financial results for H&R REIT on Thursday, August 14, 2025 at 9.30 a.m. Eastern Time.
Conference Call
Participants can join the call by dialing 1–800–717–1738 or 1–289–514–5100. For those unable to participate in the conference call at the scheduled time, a replay will be available approximately one hour following completion of the call. To access the archived conference call by telephone, dial 1–289–819–1325 or 1–888–660–6264 and enter the passcode 00890 followed by the "#" key. The telephone replay will be available until Thursday, August 21, 2025 at midnight.
Webcast
A live audio webcast will be available through https://www.hr-reit.com/investor-relations/#investor-events. Please connect at least 15 minutes prior to the conference call to ensure adequate time for any software download that may be required to join the webcast. The webcast will be archived on H&R's website following the call date.
Monthly Distribution Declared
H&R today declared a distribution for the month of June scheduled as follows:
About H&R REIT
H&R REIT is one of Canada's largest real estate investment trusts with total assets of approximately $10.5 billion as at March 31, 2025. H&R REIT has ownership interests in a Canadian and U.S. portfolio comprised of high-quality residential, industrial, office and retail properties comprising over 25.6 million square feet. H&R's strategy is to create a simplified, growth-oriented business focused on residential and industrial properties in order to create sustainable long-term value for unitholders. H&R plans to sell its office and retail properties as market conditions permit. H&R's target is to be a leading owner, operator and developer of residential and industrial properties, creating value through redevelopment and greenfield development in prime locations within Toronto and high growth U.S. sunbelt and gateway cities.
Forward-Looking Disclaimer
Certain statements in this news release contain forward-looking information within the meaning of applicable securities laws (also known as forward-looking statements). These forward-looking statements include, but are not limited to, H&R's plans, objectives, expectations and intentions, including with respect to the timing of release of financial results and the payment of distributions. Such forward-looking statements reflect H&R's current beliefs and are based on information currently available to management. These statements are not guarantees of future performance and are based on H&R's estimates and assumptions that are subject to risks and uncertainties, including those discussed in H&R's materials filed with the Canadian securities regulatory authorities from time to time, which could cause the actual results and performance of H&R to differ materially from the forward-looking statements contained in this news release. Although the forward-looking statements contained in this news release are based upon what H&R believes are reasonable assumptions, there can be no assurance that actual results will be consistent with these forward-looking statements. All forward-looking statements in this news release are qualified by these cautionary statements. These forward-looking statements are made as of today and H&R, except as required by applicable law, assumes no obligation to update or revise them to reflect new information or the occurrence of future events or circumstances.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Canada won't pause digital services tax despite pressure from U.S., finance minister says
Canada won't pause digital services tax despite pressure from U.S., finance minister says

Vancouver Sun

time27 minutes ago

  • Vancouver Sun

Canada won't pause digital services tax despite pressure from U.S., finance minister says

OTTAWA — Canada won't put a hold on the digital services tax on big tech companies set to take effect on June 30, the finance minister said Thursday. Pressure has mounted on Ottawa to pause the tax ahead of trade discussions with the U.S. Finance Minister Francois-Philippe Champagne said Thursday the legislation was passed by Parliament and Canada is 'going ahead' with the tax. 'The (digital services tax) is in force and it's going to be applied,' he told reporters before a cabinet meeting on Parliament Hill. Start your day with a roundup of B.C.-focused news and opinion. By signing up you consent to receive the above newsletter from Postmedia Network Inc. A welcome email is on its way. If you don't see it, please check your junk folder. The next issue of Sunrise will soon be in your inbox. Please try again Interested in more newsletters? Browse here. The digital services tax will hit companies like Amazon, Google, Meta, Uber and Airbnb with a three per cent tax on revenue from Canadian users. It will apply retroactively, leaving U.S. companies with a $2 billion US bill due at the end of the month. A June 11 letter signed by 21 members of Congress said U.S. companies will pay 90 per cent of the revenue Canada will collect from the tax. Canadian and U.S. business groups, organizations representing U.S. tech giants and American members of Congress have all signed letters in recent weeks calling for the tax to be eliminated or paused. It's set to take effect just weeks before a deadline Canada and the U.S. have set for coming up with a new trade deal, following months of trade conflict between the two countries. Rick Tachuk, president of the American Chamber of Commerce in Canada, said the plan to go ahead with the tax 'undercuts those talks and risks derailing the agreement.' 'A retroactive tax like the DST, weeks before a new deal is supposed to be done, isn't a bargaining chip. It would likely be viewed as a provocation,' he said in an emailed statement. The Canadian Chamber of Commerce and other organizations have warned retaliatory measures in a U.S. spending and tax bill could hit Canadians' pension funds and investments. Champagne said Canada isn't the only country that could be affected by those retaliatory measures. 'These are discussions at the global level,' he said in French. Champagne said there's a wider discussion going on among G7 nations about tax regimes. David Pierce, the Canadian Chamber of Commerce's vice-president of government relations, said in an earlier interview his organization fears Canada could 'aggravate an already very tricky trade discussion with the Americans' if it goes ahead with the tax and the retroactive payment requirement. Matthew Holmes, the chamber's executive vice-president and chief of public policy, said in a statement that a Liberal government announcement on counter-tariffs to protect the steel and aluminum industries Thursday was 'geared toward the 30-day deadline, so we see no reason why DST's timeline shouldn't be as well.' He said a 'short-term pause would still be a prudent move to keep negotiations on track and respectful.' The Liberals first promised the tax in the 2019 election. It was delayed for years due to global efforts to establish a broader, multinational digital taxation plan. Following significant delays in that process at the Organization for Economic Co-operation and Development, Canada went ahead with its own tax. Other countries, including France and the United Kingdom, also have digital service taxes in place. Our website is the place for the latest breaking news, exclusive scoops, longreads and provocative commentary. Please bookmark and sign up for our newsletters here .

Canada won't pause digital services tax despite pressure from U.S., finance minister says
Canada won't pause digital services tax despite pressure from U.S., finance minister says

Ottawa Citizen

time30 minutes ago

  • Ottawa Citizen

Canada won't pause digital services tax despite pressure from U.S., finance minister says

OTTAWA — Canada won't put a hold on the digital services tax on big tech companies set to take effect on June 30, the finance minister said Thursday. Article content Article content Finance Minister Francois-Philippe Champagne said Thursday the legislation was passed by Parliament and Canada is 'going ahead' with the tax. Article content Article content 'The (digital services tax) is in force and it's going to be applied,' he told reporters before a cabinet meeting on Parliament Hill. Article content Article content The digital services tax will hit companies like Amazon, Google, Meta, Uber and Airbnb with a three per cent tax on revenue from Canadian users. Article content It will apply retroactively, leaving U.S. companies with a $2 billion US bill due at the end of the month. A June 11 letter signed by 21 members of Congress said U.S. companies will pay 90 per cent of the revenue Canada will collect from the tax. Article content Canadian and U.S. business groups, organizations representing U.S. tech giants and American members of Congress have all signed letters in recent weeks calling for the tax to be eliminated or paused. Article content It's set to take effect just weeks before a deadline Canada and the U.S. have set for coming up with a new trade deal, following months of trade conflict between the two countries. Article content Article content Rick Tachuk, president of the American Chamber of Commerce in Canada, said the plan to go ahead with the tax 'undercuts those talks and risks derailing the agreement.' Article content Article content 'A retroactive tax like the DST, weeks before a new deal is supposed to be done, isn't a bargaining chip. It would likely be viewed as a provocation,' he said in an emailed statement. Article content The Canadian Chamber of Commerce and other organizations have warned retaliatory measures in a U.S. spending and tax bill could hit Canadians' pension funds and investments. Article content David Pierce, the Canadian Chamber of Commerce's vice-president of government relations, said in an earlier interview his organization fears Canada could 'aggravate an already very tricky trade discussion with the Americans' if it goes ahead with the tax and the retroactive payment requirement.

Carney announces new measures to protect Canada's steel and aluminum industries
Carney announces new measures to protect Canada's steel and aluminum industries

Calgary Herald

time31 minutes ago

  • Calgary Herald

Carney announces new measures to protect Canada's steel and aluminum industries

Prime Minister Mark Carney on Thursday announced Canada will adopt new tariffs on foreign steel and aluminum, in addition to other measures to protect domestic industries in response to United States tariffs that are disrupting global trade. Article content One new measure will limit the amount of foreign steel coming into Canada, while another will change federal government procurement policies to favour the use of Canadian steel and aluminum. Article content Article content 'We must reinforce our strength at home and safeguard Canadian workers and businesses from the unjust U.S. tariffs that exist at present,' Carney said at a press conference. Article content Article content On June 5, U.S. President Donald Trump increased tariffs on all foreign steel to 50 per cent from 25 per cent. Article content Although the U.S. tariffs affected all countries, Carney said one of their consequences is that steel that other countries would have sent into the U.S. may be diverted into Canada. Article content One of the new measures he introduced will establish a 'tariff rate quota,' which will limit the amount of steel a foreign country can export to Canada based on how much it exported in 2024. Article content Article content The Canadian Steel Producers Association, a lobbying group for the country's largest steel producers, has spent months arguing that U.S. tariffs will flood Canada with other countries' steel, thereby depressing steel prices here just when they are trying to increase their sales in the domestic market. Article content Article content Two weeks ago, the organization's board members travelled to Ottawa for a meeting with Carney's top cabinet ministers and pushed for counter tariffs on U.S. steel, as well as more tariffs on foreign steel coming into Canada. Article content 'It is clear that the government is seized with the gravity of the situation facing Canadian steel and understands the need for expediency in responding,' Catherine Cobden, chief executive of the CBSA, said in a press release on June 6. Article content So far, the federal government has stopped short of imposing additional tariffs on either steel or aluminum, but it said it 'will adopt additional tariff measures over the coming weeks to address risks associated with persistent global overcapacity and unfair trade in the steel and aluminum sectors, which are exacerbated by U.S. actions.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store