H&r Real Estate Investment Trust - T.HR- Profile

H&R Real Estate Investment Trust. The Group's principal activities are to own and manage a portfolio of income-producing properties and provide mezzanine finance for development projects. The Group owns and operates a portfolio of 113 properties which includes 27 offices, 72 single tenant industrial and 14 retail and four development projects. It has elected to be treated as a real estate investment trust (REIT) under the Internal Revenue Code of 1986, as amended. Rental income from income properties accounted for 97% of 2002 revenues and Mortgage interest and other, 3%.