RE:Question for NewbieCPDQ = 254.9 billion of $$$$$
Ivanho Cambridge .... = CDPQ = Quebec Gov.
https://www.ivanhoecambridge.com/en/news-and-media/news/2015/01/three-bryant-park
Ivanho Cambridge acquires Three Bryant Park in Manhattan for US$2.2 billion
Expands national office platform with Callahan Capital Properties to over 10 million square feet ....
Finance t
January 16 2015
New York City, New York, and Montreal, Quebec, Canada – Ivanho Cambridge and its partner, Callahan Capital Properties, announced today the acquisition of a 100% interest in the 1.2-million-square-foot Three Bryant Park office property in Midtown Manhattan for US$2.2 billion.
Located at 1095 Avenue of the Americas between 41
st and 42
nd Street, Three Bryant Park is one of the most prominent office properties in New York City. Three Bryant Park has become a world-class business address, combining an unparalleled location, panoramic views, access to New York City’s major transit hubs and substantial recent redevelopment, including a new lobby, building faade, expanded retail and public areas. Renowned firms at the property include MetLife, Verizon and Dechert LLP, among others.
” ..............etc ....
and for NMX ....
........... new mine with Cnd $$$
..... withoutdilution.Howwill be to financetheoperationsofthemine?Theanswerissimple:bytheCPDQ
Whythereshouldnotbenewissuesof shares,exceptwhatwealreadyknow?
It'ssimple:theQuebec Gov (viaInvestissement Quebec)wants toget10%oftheshare capitalofallnewminingcompaniesonits territory. It'swhat hedoeswithNMX.
How to maintainthis10%andopenanewminethatwillpay off?It'ssimple:Caisse de depot et de Placement du Quebec (https://cdpq.com/en) (AsatJune30,2016,itsnetassetsundermanagementprices$254.9billion,whichitinvestsinfinancialmarketsaroundtheworldindifferenttypesofinvestments,andinalleconomicsectors.)goes,shouldfundinwholeorinpart (with others)the450or500 000 000of$...