Vancouver School Board - Vancouver School Board loses appeal over developer's lowered rent for Kingsgate Mall

The Vancouver School Board (VSB) has failed in a bid to have the B.C. Court of Appeal overturn lowered rent for the Kingsgate Mall site. A lower court had ruled that Beedie Developments should pay VSB $1.65 million per year for the East Vancouver site, and not the $9.6 million per year that an arbitration panel had suggested.

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VANCOUVER SCHOOL BOARD
Vancouver School Board loses appeal over developer's lowered rent for Kingsgate Mall

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VANCOUVER SCHOOL BOARD
Vancouver School Board loses appeal over developer's lowered rent for Kingsgate Mall