Ms. Cheryl Fried reports

H&R REIT ANNOUNCES RECORD DATE AND MEETING DATE FOR SPECIAL MEETING IN CONNECTION WITH PROPOSED TRANSACTION

H & R Real Estate Investment Trust has filed the notice of meeting and record date in respect of its special meeting of holders of trust units of H & R, special voting units of H & R, and units of H & R Portfolio Limited Partnership designated as Class B limited participation LP units, fixing the record date and meeting date in respect of the special meeting. The record date for the determination of those H & R REIT voting securityholders entitled to receive notice of and vote at the special meeting has been fixed as Oct. 2, 2026, and the special meeting will be held on Nov. 13, 2026, in a virtual-only format by way of a live audio webcast, consistent with the REIT's customary practice. Materials in connection with the special meeting are expected to be filed on SEDAR+ and posted on H & R's website on or about Oct. 8, 2026, and sent to H & R REIT voting securityholders shortly thereafter.

The purpose of the special meeting is for H & R REIT voting securityholders to consider H & R's previously announced transaction pursuant to which GO Residential Real Estate Investment Trust and 1001700058 Ontario Inc., on behalf of a consortium of co-purchasers (which includes a fund affiliated with Blackstone Real Estate, a partnership managed by Crestpoint Real Estate Investments Ltd., and a company controlled by members of the family of Tom Hofstedter, executive chairman and chief executive officer of H & R), have agreed to acquire all of the assets of H & R by way of a court-approved plan of arrangement under the Business Corporations Act (Alberta) pursuant to which holders of trust units of the REIT will receive a mix of cash and GO REIT units.

For further details relating to the transaction, please refer to H & R's material change report in respect of the transaction filed under H & R's profile on SEDAR+. In addition, further details relating to the transaction and the special meeting, including voting instructions, will be included in H & R's management information circular in connection with the special meeting, which will be filed under H & R's profile on SEDAR+ and sent to H & R REIT voting securityholders in the coming weeks.

About H & R Real Estate Investment Trust

H & R is one of Canada's largest real estate investment trusts. H & R has ownership interests in a Canadian and U.S. portfolio primarily composed of high-quality residential (operating as Lantower Residential), industrial and office properties totalling approximately 20.5 million square feet.

We seek Safe Harbor.