Deutsche Bank sells office properties for â¬300 million
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LONDON, December 27  - Europeâs leading bank Deutsche Bank AG (DBK.ETR) has decided to sell its 109 properties across Germany to Eurocastle Investment Ltd for â¬300 million.
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NEW YORK (Dow Jones/AP) -- Deutsche Bank AG of Germany plans to sell its New York, Philadelphia, Cincinnati and Chicago offices of Scudder Private Investment Counsel to Legg Mason Inc.
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Blackstone Group LP, the private equity firm that bought Equity Office Properties Trust in the biggest leveraged buyout ever, has sold 53 buildings in Washington, D.C., Portland, Ore., and Seattle for $7.55 billion, said three people with direct knowledge of the transactions.
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Deutsche Bank plans to eliminate 300 jobs from its investment banking unit amid market volatility.
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Shareholders approved a $39 billion bid to take over the nation's largest office landlord.
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Deutsche Bank AG posted a sharp drop in fourth-quarter profits Thursday citing restructuring charges, and announced another 3,280 job cuts.
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Steel company ThyssenKrupp AG said Wednesday it has sold some 48,000 residential housing units in western Germany for &#36;2.8 billion to a consortium of real estate funds of U.S. bank Morgan Stanley and Germany's Corpus-Immobiliengruppe.
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A Dubai government-controlled investment firm has announced its 300-million-dollar acquisition of New York-based retail chain Loehmann&#039;s, which had gone bankrupt seven years ago.
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FRANKFURT: Kreditanstalt fuer Wiederaufbau (KfW), the state owned bank that the German government uses as a vehicle for privatisation, is selling via the open market a stake of around seven percent in telecommunications giant Deutsche Telekom.
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Deustche Bank, Germany's biggest bank, said it finalised the sale of a portfolio of 109 business properties to British investment fund Eurocastle Investment for 300 million euros (211 million pounds).
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London (ots/PRNewswire) - Eurocastle Investment Limited (LSE: ECT), an investment company managed by Fortress Investment Group LLC, today announced the acquisition of a portfolio of 109 properties from Deutsche Bank AG for approximately Euro 300 million.
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Deutsche Bank says it will cut 3,280 jobs outside Germany and reports a sharp rise in profits.
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Aether Systems Inc., a Maryland wireless data company that is selling off its operating units, said yesterday it received a &#36;30 million offer for a division it had already agreed to sell to another buyer for &#36;25 million.
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Deutsche Bank unveils a 33% rise in annual profits, driven by investment banking and a strong rise in trading income.
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German insurers Allianz and Munich Re and German bank Commmerzbank on Wednesday said that they had sold their entire stakes in engineering conglomerate MAN as part of their strategy of reducing their share ...
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Deutsche Bank AG, Germany's largest bank, said Friday it increased its net profit by 18 percent in the third quarter by clamping down on costs and bad loans while increasing profit from trading securities.
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Deka's property fund arm is selling the building for close to 375m ($502m) as part of an emergency 700m programme to stabilise its property fund operations after a mass outflow of funds, including 1.7bn from ...