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Landlord says B.C. billionaire’s plan for Bay properties ‘defies commercial common sense’

Global NewsSaturday, August 9, 2025 at 7:59:24 PM
NegativeWorld Affairsreal estate development
Landlord says B.C. billionaire’s plan for Bay properties ‘defies commercial common sense’
A landlord is criticizing B.C. billionaire Liu's proposal to redevelop Bay properties, calling it unrealistic and lacking commercial logic. The mall owner argues that Liu, despite owning three shopping centers in B.C., doesn’t have the brand recognition, experienced team, or proven success in retail to pull off such a project.
Editor’s Note: This story highlights tensions in the commercial real estate sector, where established players are pushing back against ambitious but untested plans from wealthy investors. If Liu’s proposal moves forward, it could reshape retail spaces, but skepticism from industry insiders suggests a rocky road ahead.
— Curated by the World Pulse Now AI Editorial System

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