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Leyad acquires Bay Centre, one of Victoria’s major retail properties

Manulife sold British Columbia mall where former Hudson’s Bay space remains vacant
Bay Centre, a staple of downtown retail in Victoria, British Columbia, is now owned by Montreal-based Leyad. (Leyad)
Bay Centre, a staple of downtown retail in Victoria, British Columbia, is now owned by Montreal-based Leyad. (Leyad)

Montreal-based real estate investor Leyad has acquired Bay Centre, a downtown Victoria, British Columbia, mall that spans an entire city block, adding a high-profile urban retail property to its national portfolio.

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