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  1. 02-12-2021, 04:24 PM #1191
    Rawz
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    Quote Originally Posted by Waltzingironmansinlgescul View Post
    how many story's can be built in that zone.. can SP build up into the sky?
    I think the new ANZ office tower is 6 or 8 stories? Maybe thats max
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  2. 02-12-2021, 04:54 PM #1192
    Waltzing
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    they are building Mixed use at SP... how many storey are they?

    starting to sound like a better story than OCA.
    Last edited by Waltzing; 02-12-2021 at 04:55 PM.
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  3. 02-12-2021, 05:03 PM #1193
    Grimy
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    "The 7,450 square metre, six-storey development will target a 6 Green Star rating and has been designed with the flexibility to accommodate a range of tenants, including health and medical services."
    From their April announcement regarding the planned mixed use office block at Sylvia Park.
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  4. 02-12-2021, 05:08 PM #1194
    Waltzing
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    The IKEA development is showing some real imagination on managements part.
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  5. 02-12-2021, 07:05 PM #1195
    Biscuit
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    Quote Originally Posted by Waltzingironmansinlgescul View Post
    The IKEA development is showing some real imagination on managements part.
    But imagination on the part of KPG's management or IKEA's ?
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  6. 02-12-2021, 07:12 PM #1196
    Rawz
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    I am actually surprised that a multinational retailer would want to own property vs lease. All that capital tied up
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  7. 02-12-2021, 07:35 PM #1197
    Beagle
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    Quote Originally Posted by Waltzingironmansinlgescul View Post
    they are building Mixed use at SP... how many storey are they?

    starting to sound like a better story than OCA.
    That looks like Beagle bait to me lol.

    Who knows what the future holds but a price comparison chart since OCA listed tells an interesting story. One is up 70% in the last 4.5 years and the other down 20%. Sorry mate, there are no prizes for guessing which is which
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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  8. 02-12-2021, 07:52 PM #1198
    winner69
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    Quote Originally Posted by Rawz View Post
    I am actually surprised that a multinational retailer would want to own property vs lease. All that capital tied up
    So was I, esp if it turns out they are a fizzer and pack a sad and leave.

    Suppose KPG could buy back at half price or less
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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  9. 02-12-2021, 08:08 PM #1199
    Habits
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    Quote Originally Posted by winner69 View Post
    So was I, esp if it turns out they are a fizzer and pack a sad and leave.

    Suppose KPG could buy back at half price or less
    Will be a raging success. Am glad i do not live in the area, traffic already heaving. Did they give an expected opening date
    Last edited by Habits; 02-12-2021 at 08:09 PM.
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  10. 02-12-2021, 08:23 PM #1200
    Teatree
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    Well i'm confused. Can't understand why kip would sell their land rather than build something and rent it out. And why does a retailer want to own land?
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