Apartment REIT takeovers show institutions see promise where retail investors see pain
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Article Excerpt
OPINION
Apartment REIT takeovers show institutions see promise where retail investors see pain
ANDREW WILLIS
PUBLISHED 1 HOUR AGO
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Toronto-based H&R confirmed it is in talks to sell part of its portfolio to Blackstone Inc.
MIKE SEGAR/REUTERS
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Blackstone Inc. BX-N, a great white shark of money management, is once again circling an unloved Canadian apartment owner, H&R Real Estate Investment Trust HR-UN-T.
Last Thursday, Toronto-based H&R confirmed it is in talks to sell part of its $6.5-billion portfolio to Blackstone, which has US$1.3…
Read full article at The Globe and Mail ↗
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Jun 16, 2026