Recent events
Recent events tied to this brand in public sources.
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2026
H&R REIT to be acquired in C$6.7 billion transaction
H&R Real Estate Investment Trust announced it entered into an agreement with GO Residential Real Estate Investment Trust and 1001700058 Ontario Inc., on behalf of a consortium of co-purchasers including funds affiliated with Blackstone Real Estate, Crestpoint Real Estate Investments Ltd., the Public Sector Pension Investment Board and a company controlled by members of the family of Tom Hofstedter, to acquire all of H&R's assets by court-approved plan of arrangement in a cash and unit transaction valued at approximately C$6.7 billion, including assumption of certain debt.
2026
GO REIT and Purchaser consortium to acquire H&R Real Estate Investment Trust assets for about C$6.7 billion
H&R Real Estate Investment Trust entered into an arrangement agreement with GO Residential Real Estate Investment Trust (GOREIT) and 1001700058 Ontario (Purchaser), on behalf of a consortium of co-purchasers, under which GO REIT and the Purchaser agreed to acquire all of H&R's assets by way of a court-approved plan of arrangement in a cash and unit transaction valued at approximately C$6.7 billion, including the assumption of certain debt. H&R unitholders would receive C$4.28 per unit in cash plus 0.5688 GO REIT units per H&R unit, representing C$12.01 per H&R unit. The consortium includes funds affiliated with Blackstone Real Estate, Crestpoint Real Estate Investments, PSP Investments and a company controlled by members of the family of Tom Hofstedter, CEO of H&R.