RBC, Mill Pond Oppose Blackstone’s Canada H&R REIT Breakup Deal

🇨🇦 Bloomberg (CA) —

AI Summary

RBC Global Asset Management plans to oppose the breakup and sale of Canada's H&R Real Estate Investment Trust, joining resistance to the proposed transaction. The deal would give Blackstone a portfolio of Canadian industrial properties.

RBC Global Asset Management says it will vote against the breakup and sale of Canada’s H&R Real Estate Investment Trust, adding to opposition on a deal that would give Blackstone Inc. a collection of industrial properties in Canada.

Markets Deals Real Estate H&R REIT Blackstone RBC Global Asset Management Canada REIT breakup industrial properties shareholder opposition

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