DBS Bank to expand Hong Kong footprint with $334 million office acquisition
The Singapore-based lender is doubling down on its presence in Hong Kong's wealth management market with a multi-billion dollar bet on premium office space in the city's financial heart.
DBS Bank has proposed to buy six additional office floors at a landmark skyscraper in downtown Hong Kong for HK$2.619 billion ($334 million), in what it calls the city’s largest commercial property deal so far this year.
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