KingSett Capital is now sole owner of the region’s second-largest shopping mall after purchasing Ivanhoe Cambridge’s 50 per cent stake in the west-end plaza.
Bayshore Shopping Centre
While Santa might not be coming to their properties and surveys suggest Canadians aren't in a spending mood, several local mall managers are seeing signs of hope amid the gloom.
Mall owner Ivanhoe Cambridge is partnering with Toronto-based investment fund KingSett Capital to construct a 27-storey tower and a 30-storey highrise with a total of about 500 apartment units.
Montreal-based merchant closing 82 stores in Canada and all 42 of its locations in the United States as it focuses on its e-commerce business and supplying grocery stores and pharmacies.
The owner of Bayshore Shopping Centre says it wants to build two new apartment highrises next to the west-end mall, a proposal that would add 500 more units to the city’s growing inventor
Buoyed by new tenants and other attractions, regional shopping centres like Bayshore and Rideau Centre predict strong finish to 2019
From his vantage point overlooking the ByWard Market in what will soon be the Rideau Centre’s newest department store, Peter Simons sees a different Ottawa than the one he used to know.
Two Ottawa Ben Moss Jewellers locations are among 11 “underperforming stores” that will close as part of the company’s plan to restructure under creditor protection, it said Wednesday.
Clothing retailer Aeropostale is shuttering all its stores in Canada, as it files for Chapter 11 bankruptcy protection in the U.S.
The numbers are staggering in the battle of the giants between the Rideau Centre and Bayshore Shopping Centre as they move into the late stages of massive renovations and expansions.