near term? I think we can, uh, expect some considerable lease up in that building Matt, um, while some of that… Those prospects have been sitting there, uh, we're getting closer and closer. So I think you're gonna see some- some movement over the course of the next few months. Okay. Um, and then, uh, last one with regards to, uh, 400 West Georgia. Um, how should we think about that? It's coming to completion, but just the- the outlay versus, uh, what you've learned against that asset and is that contemplated in guidance, uh, that coming in or being purchased, uh, at completion? Yes. So it- it… Our- our- our outlook our forecast, our estimate includes the two acquisitions that we've already committed to, just no new acquisitions. So it includes closing on 400 West Georgia in Q3, and it will actually be a net cash inflow because we will be repaid our loan and we will put permanent financing… Mortgage financing on the property, which will result in net cash to us over and above our buy-in to the project. Okay. Now, that makes sense. And last one, 720 BD, is that in process? I'm not sure exactly where it stands at this point? Or- or what the prospect would be for that to be completed and brought into the read. It's a timely question. Um, the rate that we have advanced against that project slowed considerably in 2021. Uh, the plan we have there, is not similar to the plan we executed at the well. We are going to commit to the below grade construction, pre- pre-leasing threshold. Um, knowing that if we get to grade without having met the pre- leasing threshold, we can always stop and wait. It's never something we wanna do, but it does allow us to close the temporal gap without committing to what I would call full scale speculative development. We are enjoying considerable preliminary progress in pre-leasing that project. Uh, which is quite large for Vancouver, it's roughly 600,000 square feet, our share of 300. So it's not gigantic, but in the context of Vancouver, it is quite large. And the approach we've taken is, is to fund, uh, the subterranean structure backup to grade. Uh, and if necessary stop once we get there, if there's no pre-leasing in place. Uh, if our experience at the well is any indication and our assessment of the strength of the Vancouver market, uh, accurate, we'll easily get to our pre-leasing threshold, um, before we get back to grade there. But, um, so it's- it's a timely question. It- it hasn't been a big drag on capital for us and- and we're getting a very good return on what capital we advance. Uh, but that- that will accelerate a little in 2022, but under no circumstances are we building that on spec? Okay. Now, I appreciate that. And then, sorry, Cicily one last one on- on the guidance for- for the view on 2023. Um, it sounds like, I mean, if you can go from 89.9% occupancy to 94 this year, I understand that some of the growth would be delayed into next year, but, um, is there any sense of conservatism in- in your forecast, uh, there, for sort of high single digit same property or not same property to your FFO pre nego? Oh, the mid to high, I would say if- if we were to air on one side, it would be on the side of conservatism, of conservatism, but I wouldn't say it's highly conservative. Okay. Thanks Cis. We'll go next to Pammi Bir RBC Capital Markets. Your line is open, please. Go ahead. Thanks and, uh, good morning. Um, I believe last men… last quarter you mentioned getting back to maybe 95% occupancy in 2023. Uh, I'm just curious as to perhaps maybe upside to that target you just given, you know, I guess the expedition get to 94, um, by the end of this year? I do believe… This is Michael Emmet speaking. <laugh>. Of course, I believe this upside. <laugh>. Um, <laugh> but- but it's not unrealistic, but once you get to 95% across the country, um, you know, it- it- it, it's hard to get higher than that. Uh, if we brought developments in, uh, into the rental portfolio that were fully leased, maybe, uh, but you know, once you get to 95% across the country, especially given the level of ongoing upgrade activity that we engage in, uh, in an effort to boost our average in place net rent for square foot over time. I… even I can't imagine there's great upside above 95%. And- and it would be temporary I… In our entire history, um, even when we were much smaller of focused entirely on Toronto, which was a market over which, uh, one could argue, we had more control, um, you know, 97 might have been just a great… let… We- we've hit 95 before, but it didn't last long. Uh, 97 we have achieved, but it was a smaller portfolio, more discreet, um, not subject to geographic variation. So I- I don't think. not subject to geographic variation. So I, I don't think there'd be a lot Tommy, but maybe some. Got it. And, and maybe just maybe building on the commentary around leasing, um, I guess we haven't talked too much about it. I'm just curious, you know, what you could share with us in terms of, you know, has there been a shift at all in any kind of sentiment, you know, maybe, maybe it's more specific to, to your user base. Um, but has it been a shift in sentiment in terms of, you know, space needs, uh, at all, just given where we're, we're sitting today, I guess, you know, hopefully through the latest wave and through Omicron. I'm just curious if you could provide some color there. I don't discern a shift in sentiments among our customers. And I also don't discern a material shift in sentiment, um, generally in the urban Toronto markets, pardon me, the urban Canadian markets. Um, I think there's perhaps a potential shift in sentiment among the accounting firms. Um, there's clearly no shift in sentiment among the law firms, which is interesting. The accounting firms being accountants are desperately anxious to reduce occupancy costs. I don't think they'll be successful in doing it ultimately, but if there is a shift in sentiment or at least explicit vacillation, uh it's with the major accounting firms. Uh, a lot of their teams are hoping desperately to work from their cottage for as long as they can, um, and as happily as they can. That might be a bit of an overstatement, but, but it's not inaccurate, but, but overall I don't discern a big shift certainly among our customers. And indeed, I think among the major customers of the conventional office towers, um, in Canada. Um, I, I think the banks are wrestling with minimally engaged employees, but I don't think that will ultimately result in their changing their fundamental view towards office space. I may be wrong in saying that. I,