Meet one of the companies leading the real estate stock rally | 2023-12-05 | Investing News

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  • While energy and mining stocks struggle this week, real-estate stocks are showing strength, led by H&R REIT (TSX:HR.UN)
  • On Tuesday, its subsidiary Lantower Residential had implemented a unique platform at more than 9,000 apartment homes in the Sun Belt region across the Southeast and Southwest U.S.
  • While the stock has fallen 26.64 per cent in the past year, it has been on a turnaround of late, gaining 4.27 per cent in the past week and was up 1.75 per cent on Monday
  • H&R REIT opened trading at C$9.33 per share

While energy and mining stocks struggle this week, real-estate stocks are showing strength, led by H&R REIT (TSX:HR.UN).

On Tuesday, its subsidiary Lantower Residential, a real estate company that focuses on acquiring, financing, and managing multifamily communities in the U.S. had implemented a unique platform at more than 9,000 apartment homes in the Sun Belt region across the Southeast and…

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