MOF macquarie office trust

crisis could delay other buidling projects

  1. 1,170 Posts.
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    Looks like there is fear that the current financial crisis could delay other commercial building projects.

    This is a huge plus for MOF, as since it holds a large portfolio of high quality assets it will benefit as this slowdown could result in a further reduction in availability of commercial office space in the near future.

    Either it can win more long term tenancy agreements, or even if a client has allready committed to moving, they might be forced to pay premium rates to extend their current stay at a MOF property whilst they are forced to wait for other projects.
 
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