Subject:
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Re: LEGO® Systems, Inc. sells Enfield complex for $58.9 million
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Newsgroups:
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lugnet.general, lugnet.mediawatch
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Date:
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Sat, 13 Jan 2007 23:02:28 GMT
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Viewed:
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4222 times
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Chris Phillips wrote:
>
> I understand that corporate finances do not work the same way as
> personal finances, but this kind of move (selling and re-leasing
> property) has always struck me as a short-term gain, long-term loss.
It is expensive to own property that is much too large, and to suddenly
become a landlord leasing the unwanted areas, is almost never a wanted
activity when you need to save money. It is probably "sell it all" and
"re-lease only a part" that is happening...
--
Anders Isaksson, Sweden
BlockCAD: http://web.telia.com/~u16122508/proglego.htm
Gallery: http://web.telia.com/~u16122508/gallery/index.htm
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