H&R REIT News Releases

TSX SYMBOL: HR.UN

7/21/2009
H&R Announces $75 Million Offering of Convertible Debentures

TORONTO, July 21, 2009 – H&R Real Estate Investment Trust (TSX: HR.UN) has announced that it has entered into an agreement to sell, to a syndicate of underwriters co-led by CIBC, RBC Capital Markets and TD Securities Inc., on a bought deal basis, $75 million principal amount 6.75% convertible unsecured subordinated debentures

6/5/2009
H&R Announces At-The-Market Equity Financing Program

Toronto, Ontario, June 5, 2009 - H&R Real Estate Investment Trust (“H&R REIT”) and H&R Finance Trust (“H&R Finance” and, together with H&R REIT, “H&R”) (TSX: HR.UN; HR.DB) are pleased to announce that they have entered into an Equity Distribution Agreement dated June 5, 2009 with Canaccord Capital Corporation who will act as agent for the issuance and sale, from time to time at the discretion of H&R over an approximate two year period, of up to 16.7 million Stapled Units by way of “at-the-market distributions” over the Toronto Stock Exchange (“TSX”).

5/14/2009
H&R Increases Distributable Cash 13% in First Quarter 2009

Toronto, Ontario, May 14, 2009 - H&R Real Estate Investment Trust (“H&R REIT”) and H&R Finance Trust (collectively, “H&R”) (TSX: R.UN; HR.DB) announced today that H&R’s combined distributable cash increased by 13% for the three months ended March 31, 2009 compared to the same period last year.

4/23/2009
H&R REIT Closes Construction Financing For The Bow

Toronto, Ontario, April 23, 2009 - H&R Real Estate Investment Trust (H&R REIT) (TSX: HR.UN; HR.DB) is pleased to announce that it has now closed a $425-million, 42-month construction facility (the "Financing") for H&R REIT’s development project in Calgary The Bow, with a syndicate of lenders led by RBC Capital Markets and TD Securities and including The Bank of Nova Scotia, Bank of Montreal, Alberta Treasury Branches and Canadian Western Bank.

4/1/2009
Update on Construction Financing For The Bow

Toronto, Ontario, April 1, 2009 - H&R Real Estate Investment Trust (“H&R”) (TSX: HR.UN; HR.DB) is pleased to announce that commitments have been secured from various Canadian financial institutions resulting in the successful syndication, co-led by RBC Capital Markets and TD Securities, of a $425-million construction facility (the "Financing") for H&R’s development project in Calgary – “The Bow”.

3/3/2009
H&R Increased Distributable Cash 7% in 2008; Provides Update on The Bow Construction Financing

Toronto, Ontario, March 3, 2009 - H&R Real Estate Investment Trust (“H&R REIT”) and H&R Finance Trust (collectively, “H&R”) (TSX: HR.UN; HR.DB) announced today that their combined distributable cash increased by 3% in the three months ended December 31, 2008, and by 7% for the year as a whole, compared to the same periods in the previous year.

12/31/2008
H&R REIT ANNOUNCES TEMPORARY PARTIAL WAIVER OF ITS BLACKOUT POLICY

TORONTO, Ontario, December 31, 2008 - H&R Real Estate Investment Trust (the "REIT"); TSX: HR.UN, HR.DB) announced today that its board of trustees has approved a temporary partial waiver of the REIT’s blackout policy that applies to trustees, officers and other applicable persons ("Restricted Parties").

12/23/2008
H&R REIT AGREES TO ISSUE $200 MILLION DEBENTURES AND DECREASES MONTHLY CASH DISTRIBUTIONS

TORONTO, Ontario, December 23, 2008 - H&R Real Estate Investment Trust (the "REIT"; TSX: HR.UN, HR.DB) announced today that it has entered into an agreement with Fairfax Financial Holdings Limited ("Fairfax"), pursuant to which Fairfax has agreed to purchase, at par on a private placement basis, $200 million of 11.5% debentures (the "Debentures") due on the fifth anniversary of the issue date with interest payable semi-annually (the "Private Placement").

11/13/2008
H&R REIT Increases Distributable Cash 6% in Third Quarter 2008

Toronto, Ontario, November 13, 2008 - H&R Real Estate Investment Trust (TSX: HR.UN; HR.DB) announced today that its distributable cash in the three months ended September 30, 2008 increased by 6% compared to the same period last year.

11/11/2008
H&R REIT To Report Third Quarter 2008 Results; Conduct Conference Call

Toronto, Ontario, November 11, 2008 - H&R Real Estate Investment Trust (TSX: HR.UN) plans to release its financial results for the three and nine months ended September 30, 2008 on Thursday, November 13, 2008 at approximately 4:30pm (Eastern Standard Time). H&R management will host a conference call and webcast on Friday, November 14 at 9am to discuss the results and provide an update on its landmark development project in Calgary called The Bow.

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