LONDON, Dec 17 (Reuters) - The fund management unit of JP Morgan (JPM.N) said it had joined a sovereign wealth fund from Singapore to acquire a 42-storey office tower in Frankfurt's central business district for an undisclosed sum. One of its funds partnered with the real estate arm of the Government of Singapore Investment Corporation (GIC) to buy the property from a Tishman Speyer fund and Swiss bank UBS AG .... Full story
JPMorgan fund partners Singapore GIC to buy Frankfurt tower
Reuters, 17 Dec 2010
LONDON, Dec 17 (Reuters) - The fund management unit of JP Morgan (JPM.N) said it had joined a sovereign wealth fund from Singapore to acquire a 42-storey office tower in Frankfurt's central business district for an undisclosed sum. One of its funds partnered with the real estate arm of the Government of Singapore Investment Corporation (GIC) to buy the property from a Tishman Speyer fund and Swiss bank UBS AG .... Full story
LONDON, Dec 17 (Reuters) - The fund management unit of JP Morgan (JPM.N) said it had joined a sovereign wealth fund from Singapore to acquire a 42-storey office tower in Frankfurt's central business district for an undisclosed sum. One of its funds partnered with the real estate arm of the Government of Singapore Investment Corporation (GIC) to buy the property from a Tishman Speyer fund and Swiss bank UBS AG .... Full story
