Posted Sep 25, 2011, 11:53 PM
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Registered User
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Join Date: Nov 2001
Location: London, UK
Posts: 1,185
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Sorry -I wouldnt get excited about this one. Something seems not right; particularly the Credit Suisse bit. CS does very little in the real estate space globally. They have a small core/core plus team in Switzerland. The investment bank does almost nothing in the real estate space ( the one thing that they did was private placements and that group is a fraction of their former size) and their principal investment arm which traded under DLJ Partners has been spun out of the bank. So building an office tower in Vancouver? Not likely, and check out Swissreal Investments webpage...hardly seems the group to build a 400k spec office tower.
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