H&R announces May distribution

TORONTO, May 3, 2013 /CNW/ - H&R Real Estate Investment Trust and H&R Finance 
Trust ("H&R") today announced that the Trustees have declared the May 2013 
distribution as follows: 
|        |Distribution/Stapled|Annualized|Record date |Distribution|
|        |        Unit        |          |            |    date    |
|May 2013|         $0.11250   |   $1.35  |May 16, 2013|May 31, 2013|
About H&R REIT and H&R Finance Trust 
H&R REIT is an open-ended real estate investment trust, which owns a North 
American portfolio of 40 office, 112 industrial and 163 retail properties 
comprising over 53 million square feet and 3 development projects, with a fair 
value of approximately $13 billion. The foundation of H&R REIT's success since 
inception in 1996 has been a disciplined strategy that leads to consistent and 
profitable growth. H&R REIT leases its properties long term to creditworthy 
tenants and strives to match those leases with primarily long-term, fixed-rate 
H&R Finance Trust is an unincorporated investment trust, which primarily 
invests in notes issued by a U.S. corporation which is a subsidiary of H&R 
REIT. The current note receivable is U.S. $211.4 million. In 2008, H&R 
REIT completed an internal reorganization which resulted in each issued and 
outstanding H&R REIT unit trading together with a unit of H&R Finance Trust as 
a "Stapled Unit" on the Toronto Stock Exchange. 
Forward-looking Statements 
Certain statements in this news release contain forward-looking information 
within the meaning of applicable securities laws (also known as 
forward-looking statements). Such forward-looking statements reflect H&R's 
current beliefs and are based on information currently available to 
management. These statements are not guarantees of future performance and are 
based on H&R's estimates and assumptions that are subject to risks and 
uncertainties, including those discussed in H&R's materials filed with the 
Canadian securities regulatory authorities from time to time, which could 
cause the actual results and performance of H&R to differ materially from the 
forward-looking statements contained in this news release. Those risks and 
uncertainties include, among other things, risks related to: prices and market 
value of securities of H&R; availability of cash for distributions; 
development and financing relating to the Bow development; restrictions 
pursuant to the terms of indebtedness; liquidity; credit risk and tenant 
concentration; interest rate and other debt related risk; tax risk; ability to 
access capital markets; dilution; lease rollover risk; construction risks; 
currency risk; unitholder liability; co-ownership interest in properties; 
competition for real property investments; environmental matters; reliance on 
one corporation for management of substantially all of the REIT's properties 
and changes in legislation and indebtedness of H&R. Material factors or 
assumptions that were applied in drawing a conclusion or making an estimate 
set out in the forward-looking statements include that the general economy is 
stable; local real estate conditions are stable; interest rates are relatively 
stable; and equity and debt markets continue to provide access to capital. H&R 
cautions that this list of factors is not exhaustive. Although the 
forward-looking statements contained in this news release are based upon what 
H&R believes are reasonable assumptions, there can be no assurance that actual 
results will be consistent with these forward-looking statements. All 
forward-looking statements in this news release are qualified by these 
cautionary statements. These forward-looking statements are made as of today 
and H&R, except as required by applicable law, assumes no obligation to update 
or revise them to reflect new information or the occurrence of future events 
or circumstances. 
Larry Froom, Chief Financial Officer, H&R REIT (416) 635-7520, or 
SOURCE: H&R Real Estate Investment Trust 
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CO: H&R Real Estate Investment Trust
ST: Ontario
-0- May/03/2013 15:43 GMT
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