Re: Meanwhile at Honda ...
Originally Posted by
Bread
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Big logistics companies don't invest £700 million for no reason at all Bruce.
Hondas closure had nothing to do with Brexit either. This is yet more foreign investment into the UK and that's always a good thing. Big logistics companies are key to JIT manufacturing and supply chains. Just think about that
I am not saying anything about Brexit, it is over what I am saying is that it is not a good news story. It is a cheap takeover and you are right, companies don't invest £700million for nothing
Industrial land in the south of England is worth approximately £1882/sq m - this land is 370 acres
1882 x 4046 x 370 = £2817Million
Not bad for an investment of £700million even if my figures are 2018 values. No need to do anything with the land, no need to manufacture anything just break it up into smaller lots, sell it off and take the profit to the USA. That's what investment companies do especially with low interest rates they'll probably pay no tax either.
The vultures are circling.