PropertyEU

Deka enters Canada with EUR 186m acquisition

By A staff reporter 2009-05-20T00:00:00

Germany's Deka Immobilien Investment has entered the Canadian market with the acquisition of the Bentall V office and commercial building in Vancouver for CAD$ 300 mln (EUR 186 mln). The vendor was Canadian property company SITQ, a subsidiary of the Caisse de dépôt et placement du Québec, headquartered in Montreal.

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