Some malls in Canada are trying to evict Hudson's Bay over unpaid rent
Hudson's Bay is in hot water with some malls in Quebec for allegedly failing to pay rent.
According to landlord Cominar Real Estate Investment Trust, the department store has not paid rent at three of its locations since April. This includes the Rockland Centre in Montreal, Mail Champlain in Brossard, and Centre Laval in Laval.
Court filings by Cominar have revealed that HBC owes $3.68 million at Rockland where the monthly rent is $86,200, $26.95 million at Mail Champlain where rent is $110,200 per month, and $2.21 million at Centre Laval where rent is $20,500 each month.
Besides this, Oxford Properties is also suing the Canadian department store for $2.29 million in unpaid rent at Galeries de la Capitale in Quebec City where rent is $220,000 per month and Promenades Gatineau near Ottawa where monthly rent is $145,900.
Speaking to La Presse, HBC spokesperson Tiffany Bourre said that Oxford and Cominar are trying to use the justice system to intimidate them while not shouldering their fair share of the damages done by the ongoing health crisis.
While the stores currently remain open, Comiar claims to have sent notices of default to some in September.
They are now asking the court to order evictions for some locations and terminate the leases for other locations.
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