Abstracts - faqs.org

Abstracts

News, opinion and commentary

Search abstracts:
Abstracts » News, opinion and commentary

Gentra makes plans for two Eaton's outlets

Article Abstract:

Real estate developer Gentra Inc of Toronto, Ontario, will spend C$10 million to C$15 million to convert the Eaton's store in its Sheridan Mall in Mississauga into office space. The company has also bought back the building and the land occupied by Eaton's at Bramalea City Centre in Brampton, Ontario. Eaton's has been rumored to be a takeover subject because of its financial troubles. Gentra reported a profit of C$96 million, or 39 cents a share, and an operating cash flow of C$106 million in 1998, from C$81 million and $88 million in 1997.

Author: Howlett, Karen
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1999
Capital expenditures, Shopping Center Developers

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Gentra eyes two Eaton's stores for re-leasing

Article Abstract:

Real estate firm Gentra Inc is planning to refurbish the facilities being rented by Eaton's in its Londonderry Mall in Edmonton. The renovation will enable Gentra to add three or four additional retailers in the space currently being rented by Eaton and will double Gentra's rental income. Gentra is being $500,000 per year on Eaton's 92,000 sq ft Londonderry store, or about $5.40 per sq ft. The Londonderry store is one of Eaton's less profitable outlets.

Author: Howlett, Karen
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1999
Canada, Strategy & planning, Subdividers & Developers

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA



Subjects list: Gentra Inc.
Similar abstracts:
  • Abstracts: Cadillac shares drop 10% after financing plan unveiled. Gentra chief unveils $175-million Toronto complex
  • Abstracts: Native company sues ATB for $13.7-million. Big Bear to file for CCAA protection
  • Abstracts: Algene implements sweeping reorganization. BioChem chief executive gets $1.7-million in record year
  • Abstracts: Alberta Energy launches hostile $446-million bid for Amber. Apache looking for buys in Calgary
  • Abstracts: Sask. Wheat Pool to shut 225 elevators. Saskatchewan Wheat Pool reports 65% fall in profit. Troubled Cott warns of big loss
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.
Some parts © 2023 Advameg, Inc.