CTWAHZ (5)
WHY WAS A DECISION TO PURCHASE A SITE NOT TAKEN EARLIER?
Always difficult to judge when is best time to buy.
Markets go
up and down, and what might have seemed right three or four years ago might not be right now.
In any event, still considering relative costs/merits involved in
buying and leasing. Also considering whether all HMG functions should be in one building or dispersed.
Costs involved in building would be very major expenditure: clearly right to explore any options very thoroughly.