Canada Life acquires Dusseldorf office property

By A staff reporter 2008-03-31T00:00:00

The Canada Life Assurance Company has purchased the Breite Strasse 3HOCH5 office building in Dusseldorf’s banking quarter for an undisclosed sum. The seven-storey building, comprising 6,500 m[sup]2[/sup] of office and retail space, was sold by investors Momeni Project Development, the NPC Group und HCI Developmentfonds I. The net initial yield ...