TORONTO – H&R Real Estate Investment Trust says it will hold a special meeting on Nov. 13 for shareholders to vote on its deal with GO Residential Real Estate Investment Trust.
H&R announced in August that it had agreed to sell all of its assets to GO Residential Real Estate Investment Trust for around $6.7 billion and a consortium of other companies, including U.S. private equity firm Blackstone Inc.
The consortium of co-purchasers also includes Crestpoint Real Estate Investments, the Public Sector Pension Investment Board and a company controlled by family members of H&R chief executive Tom Hofstedter.
H&R, one of Canada’s largest real estate investment trusts, says the deal includes a portfolio of 27 properties and nearly 10,300 suites across seven Sunbelt markets and New York, which will add to GO REIT’s 10 properties comprising 3,000-plus suites in the New York City area.
The deal is expected to close in the fourth quarter of this year, subject to unitholder, court and regulatory approvals.
H&R confirmed in June it had held talks with Blackstone regarding a potential sale of certain assets after a request by securities regulators following media reports.
This report by The Canadian Press was first published Sept. 25, 2026.
Companies in this story: (TSX: HR. UN)
