HBC announced that its Board has approved the company's regular quarterly dividend to be paid on January 15, 2018, to shareholders of record at the close of business on December 29, 2017. The dividend is in the amount of $0.0125 per common share and is designated as an “eligible dividend” for Canadian tax purposes. The declaration of dividends is at the discretion of HBC's Board.

The company has appointed M. Steven Langman, Managing Director of Rhône, and Eric Gross, Managing Partner of WeWork Property Investors, to the board of directors of HBC.