Commerz Real has bought the ‘Stampede Station’ office building in Calgary, Canada for €48.5m for its open-ended real estate fund hausInvest global.
(Source: Property Week)
The property has a gross lettable area of nearly 15,000 sq m and is fully let on long-term leases.
It was completed in January 2009 and is located one kilometre from the central business district in the Beltline area, with access to the main highways serving Calgary and public transportation.
Read Deirdre Hipwell’s full article “Commerz Real buys Calgary office building” in Property Week (July 22, 2009).