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Commerz Real invests 332m US dollar in New York

Commerz Real has purchased the 25-storey office building “222E 41st Street” in New York City for its HausInvest open-ended real estate fund from the REIT Columbia Property Trust. The agreed purchase price is approx. 332.5 million US dollars (c. € 284.5 million). After the law firm Jones Day moved out…

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Photos: Hans Zimmermann / Columbia REIT