BSR Real Estate Investment Trust (BSRT) has received board approval to pursue a dual listing of its units on the New York Stock Exchange. The REIT intends to begin NYSE trading under BSRT in mid-October, subject to regulatory and exchange approvals.
The Canadian dollar-denominated TSX listing will change from HOM.UN to BSRT.UN concurrently. The U.S. dollar-denominated TSX listing, HOM.U, will be delisted at the close of business the day before the NYSE listing takes effect; OTCQX trading under BSRTF will cease concurrently with the NYSE listing. BSR has filed a Form 40-F registration statement with the SEC and applied to the NYSE. The listing requires SEC effectiveness, NYSE approval and satisfaction of applicable listing and regulatory requirements.