Source: RENX — Nov 2025.
H&R sold its 50% stake in the Brian Canfield Centre office building in Burnaby as part of a sequence of transactions to simplify its portfolio and raise liquidity. The sale is consistent with H&R’s wider repositioning, which includes office and retail dispositions and reinvestment into multiresidential and industrial sectors. For market watchers this underscores a continued reallocation of capital away from certain office holdings toward property types with stronger demand and return prospects.
Link to story: https://renx.ca/hr-sells-stake-in-brian-canfield-centre-burnaby-office-bldg
