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H&R REIT CREATES LANTOWER REAL ESTATE DEVELOPMENT TRUST IPO FOR TWO FLORIDA PROJECTS

Newswire.ca - Tue Feb 20, 2:39PM CST

TORONTO, Feb. 20, 2024 /CNW/ - H&R Real Estate Investment Trust ("H&R" or the "REIT") (TSX: HR.UN) today announced that it has created a Real Estate Development Trust (the "REDT"), known as Lantower Residential Real Estate Development Trust (No. 1), in order to sell units of the REDT by way of an Initial Public Offering ("IPO") to raise up to US$52 million.

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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