GIC closes on 95% stake in 60 Wall in $1.1B deal

Singaporean sovereign wealth fund GIC closed Tuesday on the purchase of a 95 percent stake in the 50-story office tower at 60 Wall Street from Paramount Group and Morgan Stanley, sources told The Real Deal. The deal, which values the Deutsche Bank headquarters at $1.1 billion, marks 2017’s first sale involving a billion-dollar trophy office […]