GO Residential REIT Announces Results of Special Meeting and Termination of Arrangement Agreement with H&R Real Estate Investment Trust

Detailed summary

GO Residential Real Estate Investment Trust ("GO Residential REIT") (TSX: GO.U) announced today that its unitholders approved the issuance of trust units of GO Residential REIT at its special meeting of unitholders (the "Meeting"), as partial consideration for GO Residential REIT's proposed indirect acquisition of a portfolio of 27 properties from H&R Real Estate Investment Trust ("H&R REIT").

TORONTO and NEW YORK, Nov. 13, 2026 /CNW/ -- GO Residential Real Estate Investment Trust ("GO Residential REIT") (TSX: GO.U) announced today that its unitholders approved the issuance of trust units of GO Residential REIT at its special meeting of unitholders (the "Meeting"), as partial consideration for GO Residential REIT's proposed indirect acquisition of a portfolio of 27 properties from H&R Real Estate Investment Trust ("H&R REIT"). Detailed voting results for the Meeting will be available under GO Residential REIT's profile on SEDAR+ (www.sedarplus.ca).

The Arrangement Agreement announced on August 11, 2026 (as amended, the "Arrangement Agreement") between, GO Residential REIT, H&R REIT and others, was terminated earlier today due to, among other reasons, the failure to obtain the required approval of securityholders of H&R REIT.

"We are disappointed by this outcome," said Joshua Gotlib, GO Residential REIT's Chief Executive Officer. "That being said, the outcome does not diminish the importance of the commitments made under the Arrangement Agreement. Our focus remains on protecting the interests of our unitholders and the long-term success of our business."

GO Residential REIT is committed to pursuing its strategy of investing in luxury high-rise multifamily properties in the New York metropolitan area and other major metropolitan cities in the United States.

GO Residential REIT is an internally managed, open ended real estate investment trust established under, and governed by, the laws of the Province of Ontario. GO Residential REIT has been formed to provide investors with an opportunity to invest in luxury high-rise multifamily properties ("LHRs") located in the New York metropolitan area and other major metropolitan cities in the United States. GO Residential REIT currently owns and operates a portfolio of eight LHRs consisting of 2,731 luxury suites located in New York City, New York.

This press release contains statements that include forward-looking…

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