H&R REIT Q1 FY26 net loss narrows to $34.87 million; rentals fall to $184.25 million
- H&R Real Estate Investment Trust posted a net loss of CAD 34.87 million for Q1 2026, narrowing from CAD 52.02 million a year earlier.
- Rentals from investment properties fell 10.4% to CAD 184.25 million, while net operating income rose 3.5% to CAD 85.87 million.
- FFO slipped to CAD 76.27 million from CAD 83.1 million, with FFO per unit easing to CAD 0.272 from CAD 0.297.
- Debt to total assets improved to 31.7% from 38.4% at Dec. 31, 2025, while total assets declined to CAD 8.07 billion from CAD 9.11 billion.
- Completed about CAD 1.5 billion of retail and office asset sales in Q1, using about CAD 1.0 billion of net proceeds to repay corporate debt; declared May distribution of CAD 0.05 per unit.
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 May 14, 2026, and is solely responsible for the information contained therein.
