Germany’s DekaBank, through its open-ended real estate fund Deka-ImmobilienMetropolen (DIM), has acquired the Tour Deloitte (Deloitte Tower) office high-rise in downtown Montréal from Cadillac Fairview, a wholly owned subsidiary of the Ontario Teachers’ Pension Plan, in Deka’s first investment in Canada and the largest transaction to date for the DIM fund. The 24- to 26-storey Class AAA tower, completed in 2015 and ranked among the top three premium office towers in Montréal’s Ville-Marie central business district, offers approximately 48,000 square metres (about 495,000 square feet) of leasable space across 24 floors, is fully leased long term to nine tenants, and counts Deloitte and TMX Group among its major or anchor tenants.