Quote:
Originally Posted by WhipperSnapper
85 Harbour and 100 Adelaide as well as back filling existing space. Hudson Yard has nothing to do with Toronto.
Oxford Properties is owned by the Ontario Municipal Employees Retirement System with assets worth over 60 billion. Do you really think they would struggle to finance Oxford Place if it made financial sense to start construction and all approvals were in place despite major projects in Canada, the United States, and United Kingdom?
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I'm sure they can handle the financing of the project, I'm just stating why would they want to over-extend themselves and over expose themselves to additional market risk.
Just because they can move mountains, doesn't mean they have to move all the mountains, all at once. That's all I'm saying. One mountain range at a time.
Anyways...
I'm not trying to get into an arguement with a PHd/MBA in Finance and Economics, I'm sure you've got all the basis points of your arguement covered.