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.
2021
H&R REIT announces sales of Calgary and Mississauga assets
H&R Real Estate Investment Trust announced sales of the Bow building and land, partial future rent from an Ovintiv lease, and a Bell office campus, as well as an effective 45 per cent stake in future rent from Ovintiv. The transactions were expected to close in the third or fourth quarter of 2021.