Real Estate Rumors: Hudson's Bay, Ashkenazy, David Katz

By Andrew McIntyre (May 8, 2018, 7:50 PM EDT) -- Private equity-backed Hudson's Bay Co. and RioCan REIT have reached a deal to sell a downtown Vancouver flagship store for CA$675 million ($521.4 million), Reuters reported on Monday, citing a source with knowledge of the matter. The buyer, which Reuters did not name, is looking to arrange financing with one or more Canadian lenders, and Hudson's Bay plans to lease back space at the property, Reuters said....

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