H&R REIT Sells Retail and Office Properties for $1.1 Billion

Reuters01-30

H&R REIT Sells Retail and Office Properties for $1.1 Billion

H&R Real Estate Investment Trust has completed the sale of one Canadian retail property, its 33.1% ownership interest in Echo Realty, L.P.’s U.S. retail portfolio, 23 Canadian retail properties, and two Greater Toronto Area office properties (145 Wellington and 88 McNabb). These transactions generated approximately $1.1 billion in gross proceeds, with net proceeds of about $727 million used to repay corporate debt. H&R has also entered into a management contract for the sold properties and expects to close the sale of Hess Tower in Houston and three more Canadian retail properties in the coming months.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. H&R Real Estate Investment Trust published the original content used to generate this news brief via CNW (Ref. ID: C9543) on January 29, 2026, and is solely responsible for the information contained therein.

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