B.C. mall owner offers $6 million for three Hudson's Bay leases: court documents
Ruby Liu, chairwoman of Central Walk, poses in this undated handout photo. THE CANADIAN PRESS/HO, Ruby Liu *MANDATORY CREDIT*
New court documents show the B.C. mall owner hoping to buy dozens of Hudson's Bay leases has offered $6 million to take over three of the properties the department store used in malls she owns.
The filing says Ruby Liu Commercial Investment Corp. offered $2 million each for Bay leases at Tsawwassen Mills, Mayfair Shopping Centre and Woodgrove Centre in B.C.
Liu owns all three of the malls under her Central Walk business and has bid on up to 25 other leases held by the Bay.
However, lawyers for the Bay have asked a court to approve the transfer of leases only for the three Central Walk locations so far.
Liu declined to say how much she has offered for the other locations, but says $6 million for three stores is an average price.
She will use the properties to open a new, modern department store that will also include entertainment, food and children's play spaces.
This report by Tara Deschamps and Nono Shen, The Canadian Press, was first published June 17, 2025.
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