Quote:
Originally Posted by J pold
I had a coffee with a guy from Bentall last week. He wouldn't tell me the number but apparently they paid an very high price for the land. I wonder what sort of rents their pro-forma will have in order to justify the land costs.
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Bentall's offer was $39.6 million +/- closing adjustments, so I assume that's what they paid. The details and Agreement for Purchase and Sale has been publicly available on Deloitte's website for some time in the 1st Report of the Receiver.