Posted AT 11:53 AM EST on 13/11/09
H&R REIT back in the black
Toronto — H&R Real Estate Investment Trust returned to profitability in the third quarter as rentals from income properties inched up.The trust earned $15.7-million or 11 cents per unit for the quarter ended Sept. 30. That reversed year-earlier loss of $20.7-million or 15 cents per unit, when it booked a $50.2-million impairment charge related to its income properties.
The full text of this article has 229 words.
To continue reading this article, you will need to purchase this article.
This article is NOT available for licensing for re-use and redistribution.
Already have a member account? Login now
Pay-Per-View Offers To read the complete article, select one of the following options
Purchasing from globeandmail.com is quick and secure.
