May 7, 2018 / 2:43 PM / in 3 months

BUZZ-Hudson's Bay: To sell Vancouver store for C$675 mln - source

** Canadian department store chain’s shares up 2.4 pct at $9.10 - hits highest level in over three weeks

** HBC and JV partner RioCan REIT sign conditional agreement to sell HBC’s flagship store in downtown Vancouver for C$675 mln ($524.80 million), according to a person familiar with the matter

** The Asian buyer is seeking to arrange interim financing from at least one Canadian lender - source

** HBC, which sold most of its Lord & Taylor building in New York, had said it was looking to sell property in October

** Co’s shares have fallen ~19 pct this year

$1 = 1.2862 Canadian dollars Reporting by Yashaswini Swamynathan in Bengaluru

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