TORONTO — H&R Real Estate Investment Trust is calling off its deal with GO Residential Real Estate Investment Trust and a group of other buyers after its unitholders voted against the transaction.
H&R had announced in August a $6.7-billion deal to sell all of its assets to GO Residential and a consortium of other companies, including U.S. private equity firm Blackstone Inc. and a company controlled by family members of H&R chief executive Tom Hofstedter.
As a result of the unitholder vote, the trust said Friday the deal will not go ahead.
The trust says it will remain a publicly traded real estate investment trust and its units will continue to trade on the Toronto Stock Exchange.
The deal had faced opposition from several of its unitholders including Mill Pond Capital.
H&R holds a portfolio of residential, industrial and office properties in Canada and the United States.
This report by The Canadian Press was first published Nov. 13, 2026.
