H&R REIT reaches $3.4-billion asset sale deal with GO Residential REIT and other buyers
- Posted on August 11, 2026
- By The Globe and Mail
- 1 Views
- 1 min read
In brief
H&R REIT has completed a significant real estate divestiture, offloading $3.4 billion in assets to GO Residential REIT and other institutional buyers. This strategic transaction represents a major restructuring effort aimed at optimizing the company's portfolio composition. However, market sentiment proved cautious following the announcement, as investors expressed reservations about the transaction's value proposition, reflected in a 1.3% decline in H&R's Toronto Stock Exchange trading price.
Summary auto-generated by AI from the original publisher's content. Editorial standards.
H&R REIT reaches $3.4-billion asset sale deal with GO Residential REIT and other buyers
Investors appeared underwhelmed by the announcement, with H&R shares dropping 1.3 per cent on the TSX
