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Old Posted Dec 5, 2022, 8:44 PM
TheRitsman TheRitsman is offline
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Join Date: Sep 2017
Location: Hamilton
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Quote:
Originally Posted by ScreamingViking View Post
Mac could also sell the building. Can they do that?
I don't see why they'd do that. Unlike Darko who will eventually die or whose company will end, McMaster will likely be here long after we all are, so it makes more sense for continued revenue from rents, and to remain as a central institution in the core. I suspect this will be held for a long time. Also adds a property asset to their budget, which allows them to borrow against it for future projects.
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