H&R Real

Toronto, Canada Founded: 1996 • Age: 30 yrs
Equity REIT that invests in office, retail, industrial and residential properties
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About H&R Real

H&R Real is a company based in Toronto (Canada) founded in 1996.. The company has 440 employees as of December 31, 2024. H&R Real has completed 1 acquisition, including Primaris REIT. H&R Real offers products and services including Property Leasing and Property Management. H&R Real operates in a competitive market with competitors including Morguard, Dream, Choice Properties REIT, Artis REIT and PROREIT, among others.

  • Headquarter Toronto, Canada
  • Employees 440 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name H&R Real Estate Investment Trust
Operational Areas
Financial Services → Private Capital & Alternative Investments
Key Metrics
  • Annual Revenue
    $567.83 M (USD)
    -6.92
    as on Dec 31, 2024
  • Net Profit
    $-83.2 M (USD)
    -294.06
    as on Dec 31, 2024
  • EBITDA
    $341.18 M (USD)
    -15.85
    as on Dec 31, 2024
  • Latest Funding Round
    $125 M (USD), Debt – Conventional

    Feb 13, 2018

  • Investors
    Scotiabank

    & 3 more

  • Employee Count
    440

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of H&R Real

H&R Real is a publicly listed company on the TSX with ticker symbol HR.UN in Canada, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: TSX · Ticker: HR.UN . Sector: Finance · Canada

Products & Services of H&R Real

H&R Real offers a comprehensive portfolio of products and services, including Property Leasing and Property Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Leasing of residential and commercial spaces for tenants

Management of industrial and office properties for investors

People of H&R Real
Headcount 500-1000
Employee Profiles 21
Board Members and Advisors 9
Employee Profiles
People
Audrey Craig
EVP, Accounting
People
Emily Watson
COO, Lantower Residential
People
Larry Froom
CFO
People
Robyn Kestenberg
EVP, Office & Industrial

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Funding Insights of H&R Real

  • Total Funding
  • Total Rounds 2
  • Last Round Debt – Conventional — $125.0M
  • First Round

    (13 Apr 2017)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2018 Amount Debt – Conventional - H&R Real Valuation

investors

Apr, 2017 Amount Debt – Conventional - H&R Real Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in H&R Real

H&R Real has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include Scotiabank, TD Securities and BMO Capital Markets. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
M&A and corporate advisory services are provided across multiple sectors.
Founded Year Domain Location
Financial services in capital markets are provided by BMO.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by H&R Real

H&R Real has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Primaris REIT. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Retail shopping centres are owned and managed by Primaris REIT.
2003
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - HR Real

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

H&R Real Comparisons

Employees
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Competitors of H&R Real

H&R Real operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Morguard, Dream, Choice Properties REIT, Artis REIT and PROREIT, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Real estate investment company
domain founded_year HQ Location
Equity REIT investments are directed toward residential and commercial assets.
domain founded_year HQ Location
Equity REIT that invests in office, retail and industrial properties
domain founded_year HQ Location
Equity REIT that invests in industrial, office and retail properties
domain founded_year HQ Location
Investments are focused on office, retail, industrial, and mixed-use properties.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on H&R Real

Frequently Asked Questions about H&R Real

When was H&R Real founded?

H&R Real was founded in 1996 and raised its 1st funding round 21 years after it was founded.

Where is H&R Real located?

H&R Real is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Who is the current CEO of H&R Real?

Thomas Hofstedter is the current CEO of H&R Real.

How many employees does H&R Real have?

As of Dec 31, 2024, the latest employee count at H&R Real is 440.

What is the annual revenue of H&R Real?

Annual revenue of H&R Real is $567.83M as on Dec 31, 2024.

What does H&R Real do?

HR Real was founded in 1996 and is headquartered in Toronto, Canada. Operations are conducted as an equity real estate investment trust, with a portfolio centered on office, retail, industrial, and residential properties. Investments are allocated across these sectors to generate income through leasing and property management. Leadership is provided by CEO and President Thomas Hofstedter, overseeing activities in the Canadian real estate market.

Who are the top competitors of H&R Real?

H&R Real's top competitors include Choice Properties REIT, Morguard and PROREIT.

What products or services does H&R Real offer?

H&R Real offers Property Leasing and Property Management.

Is H&R Real publicly traded?

Yes, H&R Real is publicly traded on TSX under the ticker symbol HR.UN.

How many acquisitions has H&R Real made?

H&R Real has made 1 acquisition, including Primaris REIT.

Who are H&R Real's investors?

H&R Real has 4 investors. Key investors include Scotiabank, TD Securities, BMO Capital Markets, and CIBC World Markets.

What is H&R Real's ticker symbol?

The ticker symbol of H&R Real is HR.UN on TSX.

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