Investors can receive easy passive income every month from three Canadian REITs with strong leasing momentum in 2022. The post 3 REITs to Help You Receive Easy Passive income appeared first on The Motley Fool Canada.
H&R REIT ("H&R" or the "REIT") (TSX: HR.UN) is pleased to announce that it has completed the sale of four properties for combined gross proceeds of $167.8 million which approximates the IFRS values reported at June 30, 2022 for the properties. The weighted average capitalization rate for the sale approximates 6.9%. The REIT will continue to manage the properties and earn the management fees payable by the tenants under their respective leases.
H&R Real Estate Investment Trust ("H&R" or "the REIT") (TSX: HR.UN) announces its financial results for the three and six months ended June 30, 2022. The 2022 Second Quarter Report to Unitholders is available in the Investor Relations section of H&R's website at www.hr-reit.com and has been filed on SEDAR at www.sedar.com.