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Major North American Landlord Looks to Sell a Third of Its 25 Malls

Industry Needs to Change Merchandise, Tenant Mix, a Former CEO Says
Metropolis at Metrotown in the Vancouver suburbs is an example of a mall IvanhoƩ Cambridge says it repositioned. (CoStar)
Metropolis at Metrotown in the Vancouver suburbs is an example of a mall IvanhoƩ Cambridge says it repositioned. (CoStar)
By Garry Marr
CoStar News
February 24, 2020 | 1:13 AM

A major North American retail landlord is looking to sell about one-third of its 25 shopping malls across the country after a year in which its real estate portfolio delivered a negative 2.7% return.

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News | Major North American Landlord Looks to Sell a Third of Its 25 Malls