H&R Real Estate Investment Trust is an unincorporated open-ended trust with each unitholder participating pro rata in distributions of income and, in the event of termination of Co., participating pro rata in the net assets remaining after satisfaction of all liabilities. Co.'s investment objectives are to provide unitholders with stable and growing cash distributions, generated by the revenue it derives from investments in income producing real estate properties; and to maximize unit value through ongoing active management of Co.'s assets, acquisition of additional properties and the development and construction of projects which are pre-leased to creditworthy tenants. .
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