TORONTO, July 4, 2025 /CNW/ - H&R Real Estate Investment Trust ("H&R" or "the REIT") (TSX: HR.UN) has become aware of market speculation that the REIT is currently in discussions with respect to a potential transaction involving a sale of the REIT or of all or substantially all of its assets (the "Potential Transaction"). The REIT confirms that the Board of Trustees previously formed a special committee of independent Trustees (the "Special Committee") in February 2025 to review and consider strategic alternatives after receiving an unsolicited expression of interest. Subsequent to such proposal, the Special Committee has received other proposals for Potential Transactions. The Special Committee has retained National Bank Financial as independent financial advisor and Fasken Martineau Dumoulin LLP as independent legal counsel. CIBC Capital Markets is financial advisor to the REIT and Blake, Cassels & Graydon LLP is acting as legal counsel to the REIT.
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