US EditionB.C. Mall Owner’s Push to Buy 25 Hudson’s Bay Leases Faces Landlord Opposition: Docs
- Hudson's Bay faced opposition from landlords concerning a deal to sell 25 leases to a B.C. entrepreneur, Liu, according to new court filings.
- Landlords representing 23 of the 25 leases oppose Liu's plan and would not approve any future assignments, as stated in the court documents.
- Liu intends to use the properties to open a chain of modernized department stores named after herself.
- Hudson's Bay will seek court approval for the agreement, but landlords have expressed unspecified concerns about the deal.
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B.C. mall owner’s push to buy 25 Hudson’s Bay leases faces landlord opposition: docs
An agreement Hudson’s Bay signed to sell about two dozen leases to a B.C. entrepreneur has encountered a major barrier, new court filings show: landlords who own the properties are overwhelmingly opposed to her moving in.
·Canada
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Winnipeg Free Press+17 Reposted by 17 other sources
B.C. mall owner's push to buy 25 Hudson's Bay leases faces landlord opposition: docs
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
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Ruby Liu Presses On as Landlords Reject Bay Lease Deals
Ruby Liu remains undeterred after 23 landlords reject her bid to acquire Hudson’s Bay leases, vowing to reshape Canadian retail despite mounting setbacks. The post Ruby Liu Presses On as Landlords Reject Bay Lease Deals appeared first on Retail Insider.
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Leaning Left8Leaning Right1Center5Last UpdatedBias Distribution57% Left
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- 57% of the sources lean Left
57% Left
L 57%
C 36%
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