Originally Posted by ChiPhi
I believe it is the best I have seen as well. Thanks for the bump. I assume few people will read this, but does anyone know how the cost of this compared to selling the building and constructing new on a new site?
That's a kind of question that should come to everybody's mind. I'm looking for the cost of the operation... They say it costed roughly € 300 million, which seems a fair deal.
There's another example of a heavy renovation a few hundreds yards from there. It may seem less spectacular, the entire building is yet completely changed. Only the basic structure will remain.
So changing this...
Would cost € 690 million...
In fact, we don't know what's included in that amount, it just can't be the work and the materials for the renovation only. It must include some financial transactions or whatever, like really all the money involved in the operation.
As a comparison to something new, building Carpe Diem
right across the boulevard would cost less than € 350 million.
I can't tell how accurate those numbers we've got are, guess they just help to get an idea.
Pictures of Eqho by pss-archi
administrator MyNight and member Maza.