Global Analysis from the European Perspective. Preparing for the world of tomorrow

Deutsche Bank Fund Buys London Office Buildings for $395 Million

Deutsche Bank AG’s asset management arm purchased two office buildings from M&G Real Estate for 310 million pounds ($395 million) in a bet that Brexit won’t hurt the market in the long run. “Despite Brexit, London is and remains one of the most attractive locations for real estate investments in Europe,” Ulrich Steinmetz, who runs real estate funds for Deutsche Bank, said in the statement. Source Bloomberg

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