TNAG-1850-FCO40-2625-House-of-Commons-Select-Committee-on-Foreign-Affairs-enquiry-1989 — Page 29

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

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.

Comments

Approved members can add comments, bookmarks, and private notes.

No comments yet.

Private Research Note

Private notes are available after approval.