Manulife Place Renovations | 145.99m | 36s | AIMCo | MdeAS

[Avenuer]

I heard through the grapevine that Manulife Place is up for sale.

Albari Holdings Ltd. are the current owners who purchased it in 2013 for $180,000,000.

 

[EdmTrekker]

Albari Holdings Ltd. are the current owners who purchased it in 2013 for $180,000,000.

I wonder of they still own the (new) Edmonton Tower at $400,000,000.00 as per: Edmonton, ABhttps://cw-gbl-gws-prod.azureedge.net › marketbeat-pdfs

 

[IanO]

Albari Holdings Ltd. are the current owners who purchased it in 2013 for $180,000,000.

There are two partners within that, correct?

 

[Avenuer]

There are two partners within that, correct?

Unsure, I can just see what is on the title.

 

[EdmTrekker]

Unsure, I can just see what is on the title.

There was an amalgamation in 2018.

 

[Gronk!]

I walked through Manulife Place yesterday and kept on walking. No seating to be found, but lots of hoarding to look at.

 

[Avenuer]

I walked through Manulife Place yesterday and kept on walking. No seating to be found, but lots of hoarding to look at.

Where was the hoarding?

 

[Gronk!]

Well OK not hoarding but walls. They are covering what used to be Holt Renfrew and Royal Bank.

 

[Avenuer]

Interesting happenings behind the scenes with this property. Unable to share more at this time, but some new developments which will guide its future.

Guide it's future in a good way or in a bad way?

 

[David A]

Guide it's future in a good way or in a bad way?

I think he means in a good way, but it is hard to tell isn't it?

 

[soupcrate]

[Removed]

It's pretty easy to tell who a lot of these people are in real life, so if they are legally/professionally required to keep things confidential I can understand the vagueness.

Plus, I prefer hearing vague rumors over nothing at all, so I don't mind. The deal is they can be vague, but then they can't get upset if we ask them for more details.

 

[IanO]

Guide it's future in a good way or in a bad way?

Given its direct comment on our market... uncertain at this juncture, but it gave direction one way or another.

 

[Abba]

A couple people are reporting that. Curious if someone can confirm or deny.

I have also heard this... Manulife is a ghost town. Yes, almost all of the retail is gone, but several companies are also vacating the offices above, too.

 

[Gronk!]

Retailers still remaining at Manulife include Henry Singer (the only one left on the first floor), Headlines, BLU'S, Night Owl Lingerie, Jamieson Opticians and Vandenbergs Jewellers.

Directory - Manulife Place

Your moment of style. Click here to view the directory of the shops and services offered at Manulife Place.

manulifeplace.com

 

[Abba]

Retailers still remaining at Manulife include Henry Singer (the only one left on the first floor), Headlines, BLU'S, Night Owl Lingerie, Jamieson Opticians and Vandenbergs Jewellers.

Directory - Manulife Place

Your moment of style. Click here to view the directory of the shops and services offered at Manulife Place.

manulifeplace.com

Ah, Henry Singer. Every time I walk by I'm amazed it's still there!