H&R Real Estate Investment Trust is a publicly traded Canadian real estate investment trust founded in December 1996 and headquartered in Toronto, Ontario. The REIT invests in residential, industrial, office, and retail properties across Canada and the United States, with total assets over $7 billion. The investment strategy focuses on accumulating high-quality properties leased by creditworthy tenants, with geographic and asset class diversification to mitigate risk. H&R has been executing a portfolio simplification plan since June 2021, divesting office and retail properties to concentrate on residential and industrial assets. The residential segment operates as Lantower Residential, acquiring and developing Class A multifamily properties in U.S. Sun Belt cities and gateway markets.