NRDC Equity Partners

HBC is a holding company that owns and manages over 57,000,000 square feet (5,300,000 m2) of retail properties located in Canada and the U.S. through its two main divisions: NRDC formed its real estate investment trust portfolio company, ROIC, through a public equity raise of $414 million completed in October 2009.

[3] NRDC owned Lord & Taylor from 2006 to 2019, operating 50 department stores and four outlet centers located in the U.S.[4] The sale of the chain to Le Tote Inc. was announced in August 2019.

[5] Home Outfitters, another subsidiary, operated 69 kitchen, bath, and bed superstores across Canada until closing in 2019.

[6] From 2015 to 2019 NRDC owned Germany's largest department store chain, Galeria Kaufhof.

[7][8][9] On April 9, 2024, it was announced that NRDC intends to once again acquire the department store chain which had become known as Galeria Karstadt Kaufhof from the insolvent Signa Holding company.