21 h. ago B.C. billionaire wanting Hudson’s Bay leases says landlord concerns are ‘misguided’

TORONTO — A B.C. billionaire who wants to buy some Hudson’s Bay leases says landlord claims that she won’t be able to run a successful business in their spaces are “misguided.” In new court documents filed overnight Wednesday, Ruby Liu says she is prepared to do what is necessary to make her venture successful and […]

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66 h. ago Hudson’s Bay lease sale may negatively impact pension fund: OMERS’ real estate arm

TORONTO — The real estate investment arm of one of the country’s largest pension funds is worried about the value of its assets if a B.C. billionaire is able to buy 25 Hudson’s Bay leases at its properties. In court documents filed over the weekend, Oxford Properties Group argues Ruby Liu would diminish the value […]

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4 d. ago Landlords say Ruby Liu’s plan for Bay properties ‘defies commercial common sense’

TORONTO — Several of Canada’s most prominent real estate companies are slamming an attempt from a B.C. billionaire to take over 25 former Hudson’s Bay leases, saying her plan for their spaces “defies commercial common sense” and is “entirely unrealistic.” The landlords, including Cadillac Fairview, Oxford Properties, Ivanhoe Cambridge, KingSett Capital Inc., Morguard Investments Ltd. […]

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4 d. ago Landlord says Ruby Liu’s plan for Bay properties ’defies commercial common sense’

TORONTO — Cadillac Fairview says a plan from a B.C. billionaire hoping to take over 25 former Hudson’s Bay leases “defies commercial common sense” and thus, she should not be allowed to move in. In filings made with the Ontario Superior Court on Saturday, Cadillac Fairview says it is “resolutely opposed” to Liu becoming a […]

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4 w. ago Court decision on sale of 25 Hudson’s Bay leases delayed as buyer appears without a lawyer

Judge said he is concerned about the additional costs — $4.7 million per month — that HBC and its lenders will have to incur as a result of the delay

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4 w. ago Hudson’s Bay hearing on lease deal adjourned as B.C. billionaire Ruby Liu appears without lawyer

Judge Peter Osborne adjourned the Tuesday hearing, telling Liu "I not only urge but recommend in the strongest terms" that she hire a lawyer to represent her and her plans to buy the leases.

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