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Reading: Hudson’s Bay Lease Sale May Negatively Impact Pension Fund: OMERS’ Real Estate Arm
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hudson’s-bay-lease-sale-may-negatively-impact-pension-fund:-omers’-real-estate-arm
Hudson’s Bay Lease Sale May Negatively Impact Pension Fund: OMERS’ Real Estate Arm

Hudson’s Bay Lease Sale May Negatively Impact Pension Fund: OMERS’ Real Estate Arm

Last updated: August 12, 2025 1:48 pm
By The Canadian Press
1 Min Read
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Hudson’s Bay Lease Sale May Negatively Impact Pension Fund: OMERS' Real Estate Arm

Ruby Liu is shown leaving court in Toronto on June 23, 2025. The Canadian Press/Nathan Denette

The real estate investment arm of one of the country’s largest pension funds is worried about the value of its assets if a B.C. billionaire is able to buy 25 Hudson’s Bay leases at its properties.

In court documents filed over the weekend, Oxford Properties Group argues Ruby Liu would diminish the value and stability of its real estate portfolio and by extension, adversely affect the long-term interests of millions of OMERS pension plan beneficiaries.

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