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KM Financial Solutions | UPDATE 1-Hudson’s Bay selling Lord & Taylor 5th Ave building for $850 mln
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UPDATE 1-Hudson’s Bay selling Lord & Taylor 5th Ave building for $850 mln

23 Oct UPDATE 1-Hudson’s Bay selling Lord & Taylor 5th Ave building for $850 mln

Posted at 11:57h in News by
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Oct 24 (Reuters) – Canadian retailer Hudson’s Bay Co
said on Tuesday it would sell its Lord & Taylor Fifth
Avenue building for $850 million to SoftBank-backed WeWork amid
pressure from investors to look for options for its real estate
assets.

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