09:51 AM EST - H&R Real Estate Investment Trust : Has, subject to customary conditions, entered into an agreement to sell a 50% non-managing interest in the TransCanada Tower in Calgary to HOOPP Realty Inc., a wholly-owned subsidiary of the Healthcare of Ontario Pension Plan for approximately $257.4 million which equates to a 5.15% capitalization rate on current net operating income. The property has almost doubled in value since its construction by H&R in 2001. H&R Real Estate Investment Trust
units T.HR.UN are trading up $0.01 at $21.56.
