US EditionH&R REIT Confirms Special Committee Process to Consider Strategic Alternatives
TORONTO, CANADA, JUL 4 – H&R REIT formed a special committee to evaluate multiple non-binding offers including a $2-billion bid, with no transaction decision made yet, the company said.
- A Toronto-based real estate investment company announced on July 4, 2025, that it established a special committee earlier in the year to evaluate strategic options following unsolicited interest from potential buyers.
- The special committee was created in February 2025 to explore a potential sale or other transactions following an unsolicited expression of interest amid market speculation.
- H&R owns a diverse portfolio valued at about $10.5 billion, consisting of 49% residential units along with industrial, office, and retail assets located across Canada and the United States, and intends to divest its office and retail holdings as market conditions allow.
- After news of takeover interest, H&R REIT units on the Toronto Stock Exchange rose 12% to about $11.95, yet no decision nor agreement on a transaction has been reached and the process may not yield a deal.
- The special committee continues reviewing confidential non-binding offers with independent legal and financial advisors while H&R maintains its long-term strategy focused on residential and industrial growth for unitholders.
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Winnipeg Free Press
H&R REIT confirms strategic review, units up more than 10 per cent
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H&R REIT Confirms Special Committee Process to Consider Strategic Alternatives
TORONTO, July 4, 2025 /CNW/ - H&R Real Estate Investment Trust ("H&R" or "the REIT") (TSX:HR) has become aware of market speculation that the REIT is currently in discussions with respect to a potential transaction involving a sale of the REIT or of all or substantially all of its assets (the "Potential Transaction"). The REIT confirms that the Board of Trustees previously formed a special committee of independent Trustees (the "Special Committ…
H&R REIT Confirms Special Committee Process to Consider Strategic Alternatives - PressReach
TORONTO, July 4, 2025 /CNW/ – H&R Real Estate Investment Trust (“H&R” or “the REIT”) (TSX: HR.UN) has become aware of market speculation that the REIT is currently in discussions with respect to a potential transaction involving a sale of the REIT or of all or substantially all of its assets (the “Potential Transaction”). The REIT confirms that the Board of Trustees previously formed a special committee of independent Trustees (the “Special Com…
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