Ruby Liu
| Liu Weihong | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Simplified Chinese | 刘卫红 | ||||||||
| Traditional Chinese | 劉衛紅 | ||||||||
| |||||||||
Liu Weihong, also known as Ruby Liu, is a Chinese property investment manager and as of May 2025 owner of Tsawwassen Mills in Delta, British Columbia, Woodgrove Centre in Nanaimo, and Mayfair Shopping Centre in Victoria, British Columbia,[1][2] as well as Arbutus Ridge Golf Course.[3] She was reported in 2025 to be a billionaire.[1]
Liu moved to Canada from China in 2014. Liu became a permanent resident of Canada in 2017.[1]
Her properties are administered from Ruby Liu Commercial Investment Corporation (RLCIC) head office in Nanaimo.[1][better source needed] According to official paperwork RLCIC's place of business was Richmond, British Columbia.[4] As of May 2025 the RLCIC had a subsidiary called "Central Walk" corporation which holds the leases for the three shopping malls.[5] According to its website, Central Walk also owned as of May 2025 a number of assets in Southeast Asia.[6]
In 2019 Liu sold the Central Walk Shopping Mall in Shenzhen to Hong Kong's Link Real Estate Investment Trust for more than $1 billion.[1][2]
In May 2025 RLCIC transacted for 28 commercial leases at Canadian shopping malls which were formerly owned by Hudson's Bay Company.[5][7][8][9] She planned to launch a new department store chain in these locations.[10]
References
[edit]- ^ a b c d e Louis, Serah (May 27, 2025). "Who is Weihong Liu, the B.C. billionaire who is buying 28 Hudson's Bay leases?". Financial Post. Retrieved 2025-05-04.
- ^ a b "A billionaire from China now owns 28 Hudson's Bay leases. But what about the Toronto flagship?".
- ^ Deschamps, Tara (2025-05-01). "Can a B.C. developer's big bet on Hudson's Bay stores redefine Canadian retail?". National Post. Retrieved 2025-05-04.
- ^ "RUBY LIU & DESIGN Trademark of RUBY LIU COMMERCIAL INVESTMENT CORP. | Trademarkia Canada".
- ^ a b "Liu Plans to Launch New Chain, Overhaul Hudson's Bay Company Store Model".
- ^ "Hudson's Bay finds buyer for up to 28 store leases". The Globe and Mail. 23 May 2025.
- ^ "B.C. Billionaire reportedly puts down 10% deposit in bid for HBC assets". 6 May 2025.
- ^ "Hudson's Bay to sell 28 leases to Ruby Liu for new department store concept".
- ^ Gravenor, Kristian (2025-05-28). "Retail property owner Ruby Liu inks deal for 28 Hudson's Bay leases". CoStar. Retrieved 2025-06-04.
- ^ "Ruby Liu to Launch New Department Store Chain in Canada".
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