July 4, 2011
The retail asset class in Canada is still fairly fragmented, there is a pretty significant base of existing retail that private REITs can go after, according to League Assets in a recent interview in Property Biz Canada. Says Adam Gant, League Founding Partner: There is lots to go after so we can grow our portfolio pretty [...]
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June 28, 2011
Back in January, HBC sold the bulk of its weakest chain, Zellers Inc., to U.S. retail giant Target. Target assumed control of up to 220 Zellers stores and is spending $1-billion to convert 100 to 150 of them to its own brand. But what of the remaining locations? Late last week competing retailer Walmart signed a deal with Target [...]
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