Skip to content
Subscriber Only

Hudson’s Bay in $3.4 Billion U.S., Canada Property Bet

Updated on

Hudson’s Bay Co. is teaming up with the biggest real estate investment trusts in the U.S. and Canada to unlock the value of the retailer’s properties by creating two companies valued at $3.4 billion.

Both will be positioned for initial public offerings and be on the hunt for more real estate acquisitions.