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Tag: RioCan Oakville Place

RioCan REIT enters into agreement with Sears Canada for its locations at RioCan Oakville Place, Ontario and Garden City Shopping Centre in Manitoba

TORONTO, 2017-Oct-06 — /EPR Retail News/ — RioCan Real Estate Investment Trust(“RioCan”) (TSX:REI.UN) is pleased to announce that it has entered into agreements with Sears Canada Inc. (“Sears”), which received court approval on October 4, 2017. Sears is currently subject to restructuring proceedings under the Companies’ Creditors Arrangement Act (“CCAA”). RioCan and its co-owner Hudson Bay Company (“HBC”) have secured a surrender…

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