DWS Gets €315M Loan To Buy Deutsche HQ

A closed-end real-estate fund managed by a Deutsche Bank subsidiary DWS Investments has secured a €315 million loan.

A closed-end real-estate fund managed by a Deutsche Bank subsidiary DWS Investments has secured a €315 million loan, The Wall Street Journal reports. The DWS Access Fonds Deutsche Bank Türme fund seeks to use the proceeds to fund the acquisition of Deutsche Bank’s Frankfurt headquarters. DWS Investments is financing the purchase through a combination of debt and by selling shares in the vehicle. The loan was provided Allianz’s property unit, Allianz Real Estate.

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