Source: Reuters (via feed)
Germany’s central bank announced it will leave its 1970s-era headquarters in Frankfurt. The decision follows a political storm over rising renovation costs. The Bundesbank plans to buy a new site. The move was confirmed on Wednesday by the bank.
BizTrendWire Insight:
The Bundesbank’s decision involves a significant property change linked to renovation costs and political response.
The Bundesbank’s decision involves a significant property change linked to renovation costs and political response.
