HBS Global Properties is a real estate joint venture between Hudson’s Bay Company (TSX: HBC) and Simon Property Group (NYSE: SPG). Established in 2015, our portfolio consists of 83 trophy properties in the United States and Germany featuring three premier retail operators: Saks Fifth Avenue, Lord & Taylor and GALERIA Kaufhof.
HBS’ investment strategy is focused on the acquisition of urban and infill retail and mixed-use assets in the United States and Europe at attractive risk adjusted returns over the long term. Led by Lee Neibart and Richard Baker, the HBS team has a long track record of successful real estate investment experience. The team’s experience encompasses all aspects of real estate investment and management, including capital markets, financing, development, construction management, asset management and leasing.