Deutsche Bank announced that it will sell its two Frankfurt towers to DWS, the mutual fund arm of Deutsche Bank's Asset Management division. The buildings will comprise the assets of a "closed-end real estate fund" that DWS will launch in mid-May and will be available "exclusively" to Deutsche Bank private investors. Deutsche Bank has been renovating the towers over the last three years to make them more energy-efficient.
This is a bit off subject, but we hear that hedge fund hot
James and Anthony talk about the looming Sibos event in Toronto and take a look at some recent M&A activity and blockchain developments in the capital markets.Subscribe to Weekly Wrap emails