H&R REIT sets special meeting date for shareholder vote on GO Residential deal
H&R Real Estate Investment Trust (H&R REIT) has announced that it will hold a special meeting on November 13 for shareholders to vote on its proposed deal with GO Residential Real Estate Investment Trust (GO Residential). The deal, which was announced in August, involves H&R selling all of its assets to GO Residential for approximately $6.7 billion, along with a consortium of other companies, including Blackstone Inc. and the Public Sector Pension Investment Board.
The deal, which includes a portfolio of 27 properties and nearly 10,300 suites across seven Sunbelt markets and New York, is expected to close in the fourth quarter of this year, pending unitholder, court, and regulatory approvals.
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