coronavirus outbreak in the end of 2019 had a significant impact on the real estate investment sector in Canada.
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 Change in stock value of selected real estate investments trusts (REIT) due to the COVID-19 in Canada in 2020
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Colliers International. (April 29, 2020). Change in stock value of selected real estate investments trusts (REIT) due to the COVID-19 in Canada in 2020 [Graph]. In Statista. Retrieved October 03, 2023, from https://www.statista.com/statistics/1115608/stock-price-change-reit-covid19-canada/
Colliers International. "Change in stock value of selected real estate investments trusts (REIT) due to the COVID-19 in Canada in 2020." Chart. April 29, 2020. Statista. Accessed October 03, 2023. https://www.statista.com/statistics/1115608/stock-price-change-reit-covid19-canada/
Colliers International. (2020). Change in stock value of selected real estate investments trusts (REIT) due to the COVID-19 in Canada in 2020. Statista. Statista Inc.. Accessed: October 03, 2023. https://www.statista.com/statistics/1115608/stock-price-change-reit-covid19-canada/
Colliers International. "Change in Stock Value of Selected Real Estate Investments Trusts (Reit) Due to The Covid-19 in Canada in 2020." Statista, Statista Inc., 29 Apr 2020, https://www.statista.com/statistics/1115608/stock-price-change-reit-covid19-canada/
Colliers International, Change in stock value of selected real estate investments trusts (REIT) due to the COVID-19 in Canada in 2020 Statista, https://www.statista.com/statistics/1115608/stock-price-change-reit-covid19-canada/ (last visited October 03, 2023)
Change in stock value of selected real estate investments trusts (REIT) due to the COVID-19 in Canada in 2020 [Graph], Colliers International, April 29, 2020. [Online]. Available: https://www.statista.com/statistics/1115608/stock-price-change-reit-covid19-canada/