Deka sells Frankfurt tower for EUR 400 mln

By A staff reporter 2006-10-24T00:00:00

MUNICH - Germany's DekaBank has sold a 38-storey tower in Frankfurt to UBS Wealth Management Global Property Fund for EUR 400 mln. The sale of the 'Skyper' skyscraper is part of a restructuring programme begun last August by ceo Franz Waas. 'With this sale in a profitable market, we will ...

You have now reached your article limit

Already have an IPE Real Assets account? Sign in

PropertyEU has merged with IPE Real Assets

If you had a PropertyEU account, simply reset your password to get access to IPE Real Assets.

New users can Register for free today for access to the PropertyEU Archive and IPE Real Assets.

Registration also includes access to IPE

Five reasons to register today

Access IPE Real Assets articles
Daily news alerts and updates
Track what the world’s leading institutional investors are doing
Learn about the latest industry research and market analysis
Comprehensive archive of data and intelligence on investors and fund managers, including the PropertyEU Archive

SEE HOW IPE REAL ASSETS CAN HELP YOUR business