Hermes teams up with Canadians for real estate deal

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Hermes Real Estate Investment Management has bought £100m of office space as part of a fifty-fifty joint venture with Canada Pension Plan Investment Board (CPPIB).

The fund managers have acquired Aldgate House, a multi-let property with 214,000 square feet of high-quality office space in London, EC3. Tenants include Thomson Reuters, LCH Clearnet and ISG. ...

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