GO Residential REIT Terminates Arrangement Agreement with H&R REIT and Files Lawsuit

GO Residential REIT terminated its Arrangement Agreement with H&R REIT after H&R securityholders did not approve the transaction. GO Residential has filed a claim in the Ontario Superior Court of Justice, alleging H&R breached its contractual obligations and duty of good faith, including by undermining the board’s prior recommendation. It is seeking a C$102.131 million termination fee and other unspecified relief.