One of Betaville's favourite City writers offered an interesting view on Brookfield's surprise 7pc stakebuild in FTSE 100-listed British Land: "Acerbic" Alistair Osborne, a former Telegraph colleague and chief business commentator at The Times.
So, I have pasted a link to Alistair's piece below should you have a few spare minutes to catch up on the news this weekend:..
Brookfield, the Canadian property and buy-out group, has snapped up a 7.31pc shareholding in British Land, the FTSE 100-listed property giant.
The stakebuilding was announced this morning. Below is the link:
Remember the tale little old Betaville broke a couple of years ago about how investors are chasing Thomas Ryan, a mystery Irish property developer, and (ex) Credit Suisse private banker Hans-Olav Eldring in the commercial courts in London after the pair of scallywags concocted a scheme to build a £1 billion residential tower in Canary Wharf that eventually vanished into thin air?..