Fresh off its deal to sell the landmark Bow Tower offices in Calgary and a Bell office campus in suburban Toronto that's expected to generate $1.47 billion in proceeds, H&R REIT is transforming its operations by spinning off its retail operations into a stand-alone real estate investment trust and turning its focus to the in-demand industrial and residential markets.
H&R To Reposition as Multifamily and Industrial REIT, Looks To Expand in Canada and US
Reorganization To Create Publicly Traded Canadian Retail REIT Focused on Enclosed Malls
By Garry Marr
CoStar News
October 28, 2021 | 5:25 P.M.
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