German investor Commerz Real has acquired the Cap Sud office property in Montrouge, southwest of Paris, from German property company IVG Immobilien for EUR 80mln. This new seven-storey building is earmarked for Commerz Real's hausInvest europa fund. Completed in March 2008, it has a gross lettable area of 12,454 m2, including gastronomic and storage space as well as 234 parking spaces. It is mainly let to Télé Diffusion France (TDF), a radio and TV network operator active throughout Europe.
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