Yeah you'd think that but I'd say there might be a bit more to it. Nothing suspicious or anything but I'm just guessing it could be something like how they can leverage the value of the property.
If they sell the building now for development into apartments that's a lot of money upfront whereas selling an existing chippy wouldnt generate as much of a retirement fund. That building is worth a shit load and there's no way Lennox don't have a plan to do something with it.
If they develop it themselves with a builder you could get thousands in monthly rent.