crs1026
Superstar
If ML is acknowledging that the properties have development potential.... would the development potential not inform the price that ML has to pay to procure the properties?
I can understand the need to mitigate the risk posed by construction, but shouldn't the benefit of that appreciated land value be passed (in whole or in part) to the present owners? Let the current owners sell the land directly to a future developer.
- Paul
I can understand the need to mitigate the risk posed by construction, but shouldn't the benefit of that appreciated land value be passed (in whole or in part) to the present owners? Let the current owners sell the land directly to a future developer.
- Paul