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Deutsche Bank Sells German HQ For $835M
Deutsche Bank will sell its German headquarters for around $835 million.
Deutsche Bankwill sell its German headquarters for around $835 million,The Wall Street Journalreports. The lender’s asset-management unit,DWS Investments’ closed-end real-estate funds will acquire the buildings.
The Frankfurt-based bank will continue to use its headquarters on a long-term basis as a rental client, addsRTT News. The bank had paid about $378 million for the property in 2007.
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