roydo
in memoriam - 1965-2024
But this is not 'a bit of both' though, they are looking to use the same model as Spurs used to finance their stadium, through a private placement in the US which converts the debt in to bonds with a maturity period of 20 - 30 years, and with a set interest rate.
Thats what I said.
Football ground has one user. Usually. Office block can have anyone. Agree on on the long term debt/bond issue. Its what pension funds crave.
But having a single income stream, can push said yields north of a shopping centre.