The Globe and Mail reports in its Friday, Oct. 9, edition that RBC Global Asset Management, a major unitholder of H & R REIT, will vote against a proposed takeover by another REIT. The Globe's Tim Kiladze writes that RBC, which currently owns 9.3 million H & R units, said Thursday it will vote against the takeover by GO REIT. It declined to elaborate on its reasoning. A day earlier, Mill Pond Capital also came out against the deal. Mill Pond beneficially owns 2.2 million H & R units. H & R agreed to a complex deal in August that is ultimately a takeover by GO Residential. But it also involves a consortium of other buyers that includes Blackstone RE, Crestpoint Real Estate Investments and CRAL, a company controlled by relatives of H & R founder Tom Hofstedter. Both H & R's units and GO's units have lost value since the deal was announced in August, with H & R down 12 per cent and GO down 20 per cent. Mill Pond raised several investor concerns about the deal in a letter to H & R board trustee Stephen Gross on Wednesday. They included confusion around a partial sale of assets to Mr. Hofstedter, as well as fears about preferential treatment for his deal.