Reuters logo
BRIEF-H&R REIT to sell 50% of TransCanada tower in calgary to HOOPP
October 6, 2016 / 1:12 PM / in a year

BRIEF-H&R REIT to sell 50% of TransCanada tower in calgary to HOOPP

Oct 6 (Reuters) - H&R Real Estate Investment Trust :

* H&R REIT to sell 50% of TransCanada tower in calgary to HOOPP

* Deal for $257.4 million

* Use of proceeds from sale will be to repay debt, including existing mortgage of $82.1 million

* Deal for approximately $257.4 million

* Use of proceeds will be to repay debt, including existing mortgage of $82.1 million

* Agreement to sell a 50% non-managing interest in TransCanada tower in calgary to HOOPP Realty Inc Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below