02-09-2015, 11:33 PM
(02-04-2015, 10:33 AM)BuildingScout Wrote: I agree. Further I'm rather surprised that they sold their buildings. Insurance companies are in the business of investing premiums until the time there is a need for a pay out. Usually an insurance company cannot find enough places where to park their money, so why exactly are they selling their buildings and sitting on empty land?
Something is not right, Mark my words.
After changes in how you can use "own-use" real estate financially, it makes sense for financial companies to get out of owning their own places. Was only a matter of time.