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The city of Montreal (Paul Chiasson/CP)
The city of Montreal (Paul Chiasson/CP)

Homburg buys two office buildings Add to ...

Homburg Canada REIT said Monday it has agreed to buy two office buildings in the Montreal and Quebec City areas for a total of $17 million.

The purchases of a two-storey office building in Longueuil and a four-storey office building in Levis will add about 113,259 square feet of new assets to the REIT's portfolio.

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The transactions are expected to close by the end of June 2011.

Homburg REIT owns a portfolio of Canadian income-producing commercial properties in Quebec, Atlantic Canada, Western Canada and Ontario, consisting mainly of retail and office properties as well as some multi-family residential properties.

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