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H&R REIT Confirms Special Committee Process to Consider Strategic Alternatives

  • A Toronto-based real estate investment trust with holdings valued at $10.5 billion across Canada and the U.S. revealed it established a special committee in February to explore strategic options following an unsolicited acquisition interest.
  • The special committee formed due to takeover interest and has received several proposals, but no decision or agreement has been reached regarding a potential transaction.
  • H&R’s portfolio includes 49% residential, 18% industrial and office, and 15% retail properties, differentiating it from peers that tend to specialize in one sector.
  • Following takeover news, H&R REIT units rose over 12%, trading at $12.16 with a $1.53 increase, though units often traded above $25 during the 2010s; H&R cautioned that there is no assurance the process will yield a deal.
  • The ongoing review and talks with multiple suitors suggest potential market consolidation, but the outcome remains uncertain as H&R’s board continues to evaluate strategic options.
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Winnipeg Free PressWinnipeg Free Press
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H&R REIT confirms strategic review, units up more than 10 per cent

Breaking News, Sports, Manitoba, Canada

·Winnipeg, Canada
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The Hamilton Spectator broke the news in Hamilton, Canada on Friday, July 4, 2025.
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