Homburg International Group has acquired five properties in Charlottetown, P.E.I.,  through the purchase of all outstanding shares in Hardegane Investments Ltd.

Hardegane Investments is a wholly-owned subsidiary of Cominar REIT. Hardegane owns Dyne Holdings Ltd., which owns the subject properties.

The properties include the Confederation Court Complex, National Bank Tower, BDC Place, the Homburg Financial Tower and the Holman Grand Hotel.

“By acquiring these properties, we will now finish what we started several years ago,” says Homburg chairman, Richard Homburg. “We can reopen businesses, bring people back to work (and) generate the economic activity in Charlottetown that we always intended.”

Located in the heart of the province’s capital, the Confederation Court Complex  includes the Shops of Confederation Court Mall – 106,000 square feet of leasable retail area with a 400-seat food court.

The National Bank Tower is a four-storey office tower atop the mall. It has 58,000 square feet of leasable area.

BDC Place is a Class A building with six floors and leasable area of 64,000 square feet. It is connected to the Shops of Confederation Court Mall by an over-street pedway.

Built in 2009, the Homburg Financial Tower is a Class A office building. It has eight floors and 34,000 square feet of leasable area connected to indoor parking.

The Holman Grand Hotel is a newly constructed, 80-room boutique-style hotel located directly across from the Confederation Centre of the Arts. It is attached to and accesses the Confederation Court Complex. It is also connected to the Confederation Centre of the Arts by a pedway.