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 involves the residential properties in select markets in the United States. The Industrial segment consists of industrial properties in Canada and two properties in the United States. The Office segment refers to the properties in Canada and three properties in select markets in the United States. The Retail segment includes the properties in Canada which are mostly grocery-anchored and single tenant properties, four automotive-tenanted and one multi-tenant in the United States. The company was founded in December 1996, and is headquartered in Toronto, Canada.