| The Premier Construction news aggregator for Canada L'agrégateur d'actualités de la construction incontournable au Canada

Cadillac Fairview "Resolutely Opposed" To Selling HBC Leases To Central Walk

Howard Chai July 24, 2025 5 min read
Storeys
Cadillac Fairview "Resolutely Opposed" To Selling HBC Leases To Central Walk
AI Article Summary

Cadillac Fairview is opposing the sale of Hudson's Bay leases to Ruby Liu's Central Walk. Liu has secured some of the leases with landlords' consent but struggles with others, including those from Cadillac Fairview. The real estate giant fears the deal could result in significant financial losses and lengthy leases with a questionable retail concept. Meanwhile, Central Walk is preparing for staff recruitment despite not having all lease approvals.