WebJan 4, 2024 · Primaris to commence trading independently on January 5, 2024 TORONTO, Jan. 4, 2024 /CNW/ - H&R Real Estate Investment Trust ("H&R") (TSX: HR.UN) and... WebOct 27, 2024 · Following closing of the Arrangement and the HOOPP Contribution, H&R unitholders and HOOPP are expected to own an approximate 74% and 26% interest in …
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WebPrimaris Spin-Off Transaction: H&R intends to spin-off its enclosed mall portfolio and together with Healthcare of Ontario Pension Plan (“HOOPP”) create Primaris. Primaris will own interests in 35 properties with an appraised value of approximately $3.2 billion encompassing 11. 4 million square feet of gross leasable area (“GLA”). WebJan 4, 2024 · As a result of the Arrangement and the HOOPP Transaction, Primaris now owns interests in 35 properties with an appraised value of approximately $3.2 billion as at … cycle scheme bike insurance
H&R REIT to undergo multi-billion-dollar transformation
WebMar 4, 2024 · "With the HOOPP acquisition, Primaris REIT can leverage the benefits of scale to enhance operating performance," said Patrick Sullivan, President & Chief Operating Officer of Primaris REIT. "Nearly 100 new employees joined Primaris REIT as part of the acquisition, and the process of integrating these new assets into the Primaris platform is already well … WebMar 24, 2024 · Pursuant to the Arrangement and the HOOPP Transaction, an aggregate of approximately 98.25 million units of Primaris were issued. Primaris also issued approximately 3.34 million exchangeable units. These exchangeable units are exchangeable into Primaris units at any time and are entitled to receive the same amount of … WebImmediately following the Arrangement, Primaris acquired from the Healthcare of Ontario Pension Plan (“HOOPP”) an additional portfolio of eight properties (the “HOOPP … cheap vacation packages in key west florida