Deutsche Asset & Wealth Management Acquires Dallas Industrial Portfolio

Deutsche Asset & Wealth Management’s (Deutsche AWM) Alternatives and Real Assets (ARA) business today announced that it has acquired the Dallas Industrial portfolio, formerly known as Crow Holdings Industrial Portfolio in Dallas, TX, on behalf of an overseas institutional investor.

The portfolio is comprised of four buildings totaling 990,000 square-feet located in two top Dallas-Fort Worth submarkets. It is situated in strong regional distribution locations that offer excellent access to Dallas-Fort Worth airport and highways as well as a large employment base.

“Dallas Industrial is a very modern, multi-functional high-quality investment property,” said Todd Henderson, Head of Real Estate in the Americas for ARA. “Historically, this property has produced income due to its in place cash flow and existing tenant base. Given the current environment, we are hopeful that this will continue.”

Deutsche Asset & Wealth Management – Real Estate

Deutsche Asset & Wealth Management’s real estate investment business 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, USD 51.1 billion in assets under management as of June 30, 2015, and offers a diverse range of strategies and solutions across the risk and 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, please go to www.deutscherealestate.com.

An investment in real estate involves a high degree of risk, including possible loss of principal amount invested, and is suitable only for sophisticated investors who can bear such losses.

Deutsche Asset & Wealth Management

With USD 1.22 trillion of assets under management (as of September 30, 2015), 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 Management and 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.

© 2015 Deutsche Asset & Wealth Management. All rights reserved.

View source version on businesswire.com: http://www.businesswire.com/news/home/20151106005080/en/