Deutsche Asset & Wealth Management (DeAWM) today announced the
acquisition of Results Way Corporate Center, on behalf of one of its
international clients.
Results Way Corporate Center is a 383,000-square-foot office campus
located in Cupertino, California. The ten-building campus has been fully
renovated within the last two years and is 100% leased to Apple. Recent
improvements have been certified LEED Silver.
“We are pleased to acquire Results Way which will provide attractive
cash returns to our clients. Cupertino is a dynamic market and recent
improvements have transformed Results Way into a modern,
state-of-the-art creative campus that should meet the tenant's needs
over the long term," said Todd Henderson, Head of Real Estate, Americas
at Deutsche Asset & Wealth Management.
Deutsche Asset & Wealth Management – Real Estate
Deutsche Asset & Wealth Management’s real estate investment business
(formerly RREEF Real Estate) has been investing in real estate assets
for more than 40 years. As part of the Alternatives and Real Assets
platform, this business today has more than 450 employees around the
world and US$47.3 /€34.9 billion1 in assets under management
as of September 30, 2013, and offers a diverse range of strategies and
solutions across the risk/return and geographic spectrums, including
core and value-added real estate, real estate securities, real estate
debt and opportunistic real estate. The real estate investment business
employs a disciplined investment approach and aims to deliver superior
long-term risk adjusted returns, preservation of capital and
diversification to its investors, which include governments,
corporations, insurance companies, endowments, retirement plans, and
private clients worldwide. To learn more about Deutsche Asset & Wealth
Management's real estate investment capabilities, go to www.rreef.com.
¹ Excludes infrastructure securities assets under management, which were
previously reported under the RREEF Real Estate business.
Deutsche Asset & Wealth Management
With $1.26 trillion of assets under management (as of Sep 30, 2013),
Deutsche Asset & Wealth Management¹ is one of the world's leading
investment organizations. Deutsche Asset & Wealth Management offers
individuals and institutions traditional and alternative investments
across all major asset classes. It also provides tailored wealth
management solutions and private banking services to high-net-worth
individuals and family offices.
¹ Deutsche Asset & Wealth Management is the brand name of the Asset &
Wealth Management division of the Deutsche Bank Group. The legal
entities offering products or services under the Deutsche Asset & Wealth
Management brand are listed in contracts, sales materials and other
product information documents. I-033618-1.0
Copyright Business Wire 2013