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RREEF Real Estate Invests in Retail Condominium in New York City

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posted:7/30/2012
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Description: NEW YORK--(BUSINESS WIRE)--RREEF Real Estate, the real estate investment business of Deutsche Bank’s Asset Management division, announced today that it has made a $290 million investment in a retail condominium in New York City on behalf of a German institutional investor. The three primary tenants of the property, located at 717 Fifth Avenue, include the U.S. flagships stores for luxury retailers Giorgio Armani, Dolce & Gabbana and Escada. 717 Fifth Avenue, a 468,000 square foot 26-story pr a style='f
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