PropertyEU

WeWork inks deal to access Hudson's Bay's global platform

By Isobel Lee 2017-10-27T00:00:00

lord taylor

Troubled Canadian retailer group Hudson's Bay has sold its flagship Lord & Taylor property on Fifth Avenue in New York to WeWork Property Advisors for $850 mln (€645 mln), and inked an agreement allowing flexible office concept WeWork to leverage its global property platform, including assets in Germany and Belgium.

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