Dundee International REIT Appoints Rene Gulliver as CFO, Effective January 2013; Agrees to Acquire Two More German Office Properties in Frankfurt and Munich
The company announced that it agreed to acquire two more German office properties in Frankfurt and Munich for an aggregate price of about EUR 87.9 million. The Neue Mainzer Strasse 28 in Frankfurt has an approximate gross leasable area of about 123,300 square feet, while Leopoldstrasse 252 in Munich has 154,300 square feet of gross leasable area. The purchase of the assets is slated for a close in the fourth quarter.