Woodbine Mall Acquisition and Redevelopment
Sector: Commercial • Location: Toronto, Ontario, Canada
Source: The Globe and Mail
Romspen Investment Corp. is buying the troubled Woodbine Mall in Etobicoke, Toronto, from its largest borrower after a $499-million debt default. The mall includes assets such as a fantasy fair and kids village. The acquisition follows failed auctions and a receivership process. Romspen plans to potentially redevelop the mall into residential properties, although the current real estate developmen
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Participants
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Company | Obfuscated Data |
Status
Original status | awarded |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Phone | 0000000000 |
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Romspen Investment Corp. is buying the troubled Woodbine Mall in Etobicoke, Toronto, from its largest borrower after a $499-million debt default. The mall includes assets such as a fantasy fair and kids village. The acquisition follows failed auctions and a receivership process. Romspen plans to potentially redevelop the mall into residential properties, although the current real estate development crisis in Toronto poses challenges for near-term sales or new projects. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
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Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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