The consortium led by Kumho Investment Bank is planning to sell one of the two former AIG headquarters buildings in New York it purchased last August to Deutsche Bank, according to a report.
The report stated that two sides are scheduled to complete the deal at the end of next month, says report.
The group initially bought the 19-story building, typically referred to as 72 Wall, for US$34 million and will reportedly sell it for US$60 mn, says report.