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Singapore wealth fund buys Wall Street tower
GIC, Singapore’s sovereign wealth fund, bought a 95 per cent stake in 60 Wall Street, a 47-storey tower in lower Manhattan that serves as the US headquarters of Deutsche Bank AG. The deal values the 1.6 million-square-foot (148,600-square-metre) skyscraper at US$1.04 billion (S$1.5 billion), or about US$640 a square foot,…
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