H&R Real Estate Investment Trust Q4 Earnings Call Highlights

Industrial: Same-property NOI decreased 9% in Q4 and fell 3.7% for the year. Industrial occupancy declined to 90.7% at Dec. 31, 2025, from 98.9% a year earlier.Retail: Same-property NOI rose 4.4% in Q4 and 6.7% for the full year, driven by occupancy gains at River Landing and “Forex,” according to Froom.Office: Same-property NOI increased 1.5% for both Q4 2025 year-over-year and full-year 2025 versus 2024. Office occupancy was 96% at Dec. 31, 2025, with an average remaining lease term of 5.2 years. Froom sa ...