Quote:
Originally Posted by privatejet
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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I doubt very much the Globe and Mail got the story THAT wrong. Tomorrow it will be all public and you can eat your hat
http://www.theglobeandmail.com/news/...rticle2179016/
also who ever started this thread incorrectly cut and paste the info ... or was to lazy to properly do it maybe. not sure. regardless
Credit Suisse AG and Swissreal Investments Inc. is proposing a ~31-storey, 400,000 sq. ft. LEED Platinum office tower on the site of the old stock exchange at 800 West Pender. should be the 1st line in the thread ....