Deutsche Bank sells Frankfurt HQ for EUR 600m

By A staff reporter 2011-03-14T00:00:00

Germany's Deutsche Bank said on Monday that it is to sell its 'Doppelturme' (Twin Towers) in Frankfurt am Main to a closed-end real estate fund to be launched by DWS. The transaction price is expected to amount to around EUR 600 mln, in line with the property's current market value.

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