Canada
Former Vancouver Mayor Robertson Appointed Federal Housing Minister
Gregor Robertson was appointed as the federal housing and infrastructure minister Tuesday as Mark C...Read more
Judge Tells Bay to Seek Deal Approvals Soon
The Hudson’s Bay Company (HBC) is expected to seek court approval for sales of its leases, real e...Read more
Oxford to Buy CPPIB Out of Calgary-Vancouver Office Portfolio for $1.5B: Report
Oxford Properties has reached a deal to acquire the Canada Pension Plan Investment Board’s stake ...Read more
Hudson’s Bay Company Receives 17 Bids for Leases, Other Assets
The Hudson’s Bay Company (HBC) has received 17 bids in its ongoing sales of store leases, real es...Read more
New Grocery Store Set to Open in Former Toronto Post Office
A historic Toronto landmark is getting a fresh lease on life, as the former Postal Station C at 111...Read more
Diverse Investors Will Acquire Hudson’s Bay Company Assets: Analyst
A mix of bidders will likely take over the remains of Hudson’s Bay Company (HBC) following its co...Read more
Ménard Named Global President and CEO of Fiera Capital
Fiera Capital has appointed Maxime Ménard as global president and CEO. Ménard has been serving...Read more
Germain Hotels Receives $160M Capital Injection from CDPQ-led Group
Quebec-based Germain Hotels has secured a $160-million investment to accelerate its national expans...Read more
Liquidation Helping Hudson’s Bay Company Reduce Debt
Hudson’s Bay Company (HBC) is moving to repay up to $165 million in senior debt using proceeds fr...Read more
People & Companies News for Week Ending May 9
Mattamy Asset Management has appointed Kathleen (Katie) Taylor as its new board chair. Taylor curr...Read more
Brookfield Infrastructure Weighing Investments in U.S. Manufacturing Plants
Brookfield Infrastructure Partners is considering investments in American manufacturing development...Read more
Several Bidders Vying for Hudson’s Bay Company Assets, Leases
Several groups have submitted bids for Hudson's Bay Company assets and leases, says a new court fil...Read more
Lithium Battery Recycling Plant Operator Li-Cycle For Sale, Facing Insolvency
Li-Cycle Holdings, a lithium-ion battery recycling firm, has put itself up for sale as it struggles...Read more
Tetrault Acquires Video Games Retailer GameStop
Stephan Tetrault, a prominent French-Canadian entrepreneur, has acquired video games retailer GameS...Read more
RioCan Takes $208.8M Writedown Tied to Hudson’s Bay Store Closures
RioCan REIT has reported a significant quarterly loss and lowered its full-year earnings forecast, ...Read more
Brookfield Properties Transfers Major Downtown Houston Office Complex to Lender
Brookfield Properties has relinquished control of a 4.6 million-square-foot office complex in Houst...Read more
Sunoco to Acquire Embattled Parkland Corporation for $9.1B
U.S.-based Sunoco has agreed acquire Parkland Corporation for $9.1 billion in cash, shares and debt...Read more
Carney’s Election Spells More CRE Investment Certainty: Fieder
New Prime Minister Mark Carney's election victory will help end months of confusion in Canada's com...Read more
Bay Departures Could Increase Mall Values: Altus Analyst
Many mall owners will benefit from the upcoming departures of Hudson's Bay Company stores from thei...Read more