Riocan hit with $209-million writedown on HBC joint venture, lowers profit target for the year

theglobeandmail.com/business/article-riocan-hit-with-209-million-writedown-on-hbc-joint-venture-lowers

RioCan Real Estate Investment Trust is writing down $209-million on its real estate joint venture with Hudson’s Bay Co. after the historic retailer filed for creditor protection, while also lowering its profit targets for the year and postponing its investor day as management…

This story appeared on theglobeandmail.com, 2025-05-06 17:41:38.
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