You are here

GIC buys tower housing Deutsche Bank in New York

Thursday, January 26, 2017 - 05:50

Deutsche Bank plans to overhaul its offices at the US headquarters.

New York

GIC Pte Ltd, Singapore's sovereign wealth fund, bought a 95 per cent stake in 60 Wall St, a 47-story tower in lower Manhattan that serves as the US headquarters of Deutsche Bank AG.

The deal values the 1.6 million-square-foot skyscraper at US$1.04 billion, or about US$640

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom