Blackstone Said to Be in Talks to Buy Canada Property Firm H&R REIT

Blackstone Inc. is reportedly in negotiations to acquire H&R Real Estate Investment Trust, a Canadian property firm, according to sources familiar with the situation. The potential deal, if finalized, would represent a significant transaction in the real estate investment trust sector. H&R REIT, which owns a diverse portfolio of properties across Canada and the United States, has been a notable player in the commercial real estate market. Discussions are ongoing, and no definitive agreement has been reached as of the latest reports. The outcome of these talks could have implications for Blackstone's real estate holdings and H&R REIT's future operational structure.