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Stock price change of the selected Canadian REITs during COVID-19 2020

Between February and April 2020, the value of H&R REIT's stocks decreased by 59.87 percent. Their stock price fell from 21.68 Canadian dollars to 8.40 Canadian dollars in this period. In contrast, the average loss on the Toronto Stock Exchange (TSX) was 19.18 percent for the same period, as the coronavirus outbreak in the end of 2019 had a significant impact on the real estate investment sector in Canada.

Change in stock value of selected real estate investments trusts (REIT) due to the COVID-19 in Canada in 2020

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Source

Release date

April 2020

Region

Canada

Survey time period

February 2020 and April 2020

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