H&R Real Estate Investment Trust is an open-ended investment company, which engages in the business of ownership, operation, and development of commercial and residential properties. It operates through the following segments: Residential, Industrial, Office, and Retail. The Residential segment pertains to the 24 residential properties in select markets in the United States. The Industrial segment consists of 68 industrial properties in Canada and two properties in the United States. The Office segment refers to the 18 properties in Canada and three properties in select markets in the United States. The Retail segment is composed of 34 properties in Canada which are mostly grocery-anchored and single tenant properties as well as four automotive-tenanted retail properties and one multi-tenant retail property in the United States. The company was founded on November 4, 1996, and is headquartered in Toronto, Canada.