RE:RE:The Bow is good for 18 years and other factorsI don't believe there is a clause to get out of it. The statement below was from end of 2019
"H&R’s management “confirmed that Encana must maintain its lease obligations through to the end of the term,”
The lease ends in 2038, by which point I'm sure the building will be paid off. This is obviously all fine and dandy unless Ovinitiv goes bankrupt. I believe if you go back and look into this, they were looking to offload a portion of the bow to another investor. I think given the vacancies in Calgary there won't be a big appetite from potential suitors. This portion of H&R is essentially valued at zero by the market so I wouldn't worry. It would be huge if they could move it off the books though.