Квебекская компания Leyad приобрела торговый центр The Village в Сент-Джонсе

Quebec-based firm buys The Village Shopping Centre in St. John’s The announcement was made on Aug. 20 The Village Shopping Centre in St. John’s is under new ownership. In a social media post on Aug. 20, the Quebec-based group Leyad announced that they had acquired the St. John’s mall and added it to its stable of 26 shopping centre properties across Canada. The Village and its 54 stores had previously been under the ownership of Plaza REIT since 2006. It’s been part of the city’s west end shopping scene since it opened in 1978. That’s in the past now, as Leyad has stepped in to run the property. The Village has long been a staple of the St. John’s shopping scene. It’s seen its fair share of departures over the years – namely its famous fountain – but it got a shot in the economic arm, so to speak, with the arrival of a No Frills grocery store late last year. The centre also boasts a Sportchek, Home Hardware and a Urban Planet, amongst other retailers. Those are enough to bring in over 3.8 million shoppers a year. FIRST TIME IN NL Based in Montreal, Leyad has existed since 2012 as a development firm. With the addition of the Village to their roster, they own shopping centres from British Columbia to St. John’s and just about everywhere in between. Most of those properties appear to be mid-sized retail centres. According to their website, Leyad also manages some residential, industrial and hospitality properties across the country and in the United States. The Telegram reached out to Leyad but interview requests were not returned prior to deadline.