Wednesday, January 31, 2007

Does the Government see the Top of the Real Estate Market?

Federal government to sell real estate worth $1.5 billion
Wednesday, January 31, 2007 - 08:07 AM By: 680News staff

"Toronto - Ottawa is set to sell $1.5 billion worth of real estate." Full Article.


Ottawa set to sell $1.5-billion in federal buildings
Sale is first phase of plan to lease back dozens of properties
ELIZABETH CHURCH and DANIEL LEBLANC

"TORONTO, OTTAWA -- Ottawa is preparing to sell $1.5-billion worth of office properties across the country as part of the first phase of a plan that will see dozens of federal buildings go to the private sector with the government as a long-term tenant, sources say." Full Article.
at

2 comments:

  1. MLBJanuary 31, 2007 at 10:46 a.m.

    Thanks for leaving the tip on my blog. I think you are absolutly right about trusting your gut and knowing when you are too far in over your head. Lat wek we put a bid in, but then when the price got up out of our comfort zone we called it quits. I guess it is all just a guessing game sometimes.

    Thanks again! I am bookmarking you now!

    ReplyDelete
  2. Uncertain BuyerJanuary 31, 2007 at 2:11 p.m.

    No problem, It's a lot of money to be spending if you're not comfortable with it.

    ReplyDelete