Deutsche Bank: 100m euros in two GTC projects - Azi

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RREEF, a division of Deutsche Bank Asset Management, a real estate giant with assets worth almost 50bn euros, owns stakes worth 100m euros in the housing complexes FeliCity and Rose Garden, owned by real estate developer Globe Trade Center (GTC), which entail overall investments worth above 270m euros.

RREEF, which recently set a new record on the domestic real estate market after it acquired a project in northern Bucharest for 340m euros, owns 30% in FeliCity, a project close to Baneasa...

Read the whole story in: Ziarul Financiar