Published 13 hours ago • loading... • Updated 9 hours ago

H&R REIT confirms strategic review, units up more than 10 per cent

H&R REIT announced that it is exploring various strategic options following an unexpected offer of interest in 2025 on the Toronto Stock Exchange.
In February, the trust’s board established a group of independent directors to evaluate several non-binding proposals amid active interest from multiple parties in the Canadian REIT market.
H&R owns $10.5 billion in diversified properties across residential, industrial, retail, and office sectors in Canada and the U.S., setting it apart from peers specializing in single sectors.
Following the news, H&R units rose more than 10 percent, jumping $1.53 to $12.16, though the trust stated no deal or decision to proceed has been finalized.
This review signals increased takeover interest amid a market where Canadian REITs often trade below asset value, but H&R cautions there is no guarantee a transaction will occur.

Insights by Ground AI

Does this summary seem wrong?

11 Articles

All

Left

Center

Right

Winnipeg Free Press

+7 Reposted by 7 other sources

Center

H&R REIT confirms strategic review, units up more than 10 per cent

Breaking News, Sports, Manitoba, Canada

13 hours ago·Winnipeg, Canada

Read Full Article

The Globe & Mail

Center

H&R REIT units climb as company reveals it held talks with potential buyers

Real estate investment trust says it’s considering its options after receiving a hostile takeover offer in February

13 hours ago·Canada

Read Full Article

Bloomberg

Lean Left

Canada’s H&R Says It’s in Talks on Potential Sale

H&R Real Estate Investment Trust, one of Canada’s largest publicly traded real estate companies, is in discussions with multiple parties about a potential transaction that may result in a sale.

13 hours ago·United States

Read Full Article

Investment Executive

H&R REIT confirms strategic review, units up more than 10%

No decision has been made about whether the trust will proceed with a transaction The post H&R REIT confirms strategic review, units up more than 10% appeared first on Investment Executive.

9 hours ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year