Source Feed: The Globe and Mail
Author: Tara Deschamps
Publication Date: August 26, 2025 - 12:27
Hudson’s Bay lease sale to Ruby Liu is driven by lender’s push to recover cash: landlords
August 26, 2025
Hudson’s Bay landlords say a lender’s desire to recoup cash is the only reason the shuttered department store is pursuing a plan to sell its leases to a B.C. billionaire.
The Bay’s landlords say in new court documents that the retailer is keen to make a sale of 25 leases to Ruby Liu happen because of Pathlight Capital LP.
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