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  5. HBC: Which REITs are most affected by potential exit of HBC? [Hudson's Bay Company]

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Q: Which REITs are most affected by potential exit of HBC? Would this have any significant effect on remaining retailers of clothing and textiles. I was once told by retail analyst there is significant over capacity in retail floor space devoted to clothing.
Asked by William Ross on March 20, 2025
5i Research Answer:
REI.UN and PMZ.UN are the most exposed. REI has a joint venture with 12 HBC stores, PMZ notes...
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