Who want to bet on their commitment on running a mall?
Investment EMPORIA @ SHAH ALAM, A new shopping mall in Monfort Glenmarie
Investment EMPORIA @ SHAH ALAM, A new shopping mall in Monfort Glenmarie
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Feb 26 2014, 02:07 PM
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#1
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Senior Member
3,774 posts Joined: Mar 2012 |
Who want to bet on their commitment on running a mall?
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Feb 26 2014, 05:47 PM
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#2
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3,774 posts Joined: Mar 2012 |
QUOTE(accetera @ Feb 26 2014, 04:23 PM) Boss, if it's 1million sf, assume that they will not sell the unitsThe commitment is on the guts to commit to the huge sum of financing, expose to no billing/collection during construction until the tenants start paying their first rental, commit to marketing fund to market the mall prior to collecting any rental, expose to servicing the loan interest for ever until the mall is sold, commit to holding the baby until the mall become operational profitable.....the mere thought of the high risk & huge exposure is quite enough to kill if here is no commitment to see it through... So far only IGB, Sunway, SP Setia, Tropicana, MCT etc etc have demonstrated these commitment. Some along the way also offload the mall to REIT to cash out so as to reduce the commitment |
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Aug 11 2014, 09:21 PM
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#3
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Senior Member
3,774 posts Joined: Mar 2012 |
Can start to buy titijaya shares liao
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