H&R REIT (HR) has notable insider buying

H&R REIT (T:HR)

H&R Real Estate Investment Trust (HR) has a high amount of executive buying compared to its large-cap peers over the past three months. Larry Froom, CFO, acquired 2,602 Units on a direct ownership basis at a price of $19.150 through the public market on October 11th, 2018. This represents a $49,828 investment into the company's shares and an account share holdings change of 10.4%.

H&R Real Estate Investment Trust is a Canada-based open-ended real estate investment trust. The Trust's primary objectives are to provide unitholders with stable and growing cash distributions, generated by the revenue it derives from a diversified portfolio of income producing real estate assets, and to maximize unit value through ongoing active management of its assets, acquisition of additional properties and the development and construction of projects, which are pre-leased to creditworthy tenants. Its segments include Office, Primaris, H&R Retail, ECHO, Industrial and Lantower Residential. The Trust owns, operates and develops commercial and residential properties across Canada and in the United States. Its subsidiaries include Bow Centre Street Limited Partnership, H&R Portfolio Limited Partnership, H&R REIT Management Services Limited Partnership, H&R REIT (U.S.) Holdings Inc., Primaris Management Inc. and PRR Trust.