Here’s a topic for debate. The Czech power company CEZ is selling off a couple of buildings it owns in Prague 4, one of which handed over just months ago. As in, it was just built. We asked a spokeswoman at CEZ why they were selling, and the answer came back: “Corporations such as ČEZ prefer to lease space because of the capital returns. “It is much more efficient and also cheaper.”
That’s probably true. People have only been saying that for the last, what, 20 years? But it begs the question why they didn’t just rent from the beginning? Any ideas? Thoughts welcome by email, comment section, or our anonymous Tip Box.