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Originally Posted by Keep-SA-Lame
Either this is really good news or really bad news. It would be really good news if investors indeed are dying to get a piece of the Pearl, and the pace of development might quicken if there's more capital available. Or it could be really bad news if Silver Ventures has no capital to invest and there aren't any investors interested in new projects, which would bring development on their remaining land to a total halt. Though it sounds like they're also trying to raise money by selling off shares of existing buildings as well, so surely they can raise at least some capital.
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Personally, I don't think it's bad news. More like the reality of the real estate game. The revenue Silver Ventures is generating from their properties is probably not coming in fast enough to fund all their upcoming projects. Makes sense as real estate investments are pretty long term.
Also, it's probably just sound business practice to get more wallets involved. More people invested in the well-being of an area.
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