Frankfurt am Main, December 4, 2007

Deutsche Bank begins complete modernization of its towers at Frankfurt’s Taunusanlage 12


Environmentally conscious building –  50% less CO2 emissions and 50% less energy consumption – Commitment to “sustainability” in business location Frankfurt – Forward-looking interior design concept by Milanese architect Mario Bellini – Completion and reoccupation by 2010

Deutsche Bank begins with the complete reconstruction of its two 155-metre-tall towers at Frankfurt’s Taunusanlage 12. At the focus of the renovation is an environmentally-friendly, energy conscious building with a forward-looking interior design concept for employees and clients.

“The Management Board decided in favour of a complete modernization of the building.  Based on our commitment to sustainability, our aim is to make an active contribution to environmental protection, by reducing energy consumption and CO2 emissions in the building by at least 50%,” says Hermann-Josef Lamberti, member of Deutsche Bank’s Management Board and Group Executive Committee. “The conversion of the building at Taunusanlage 12 underlines our commitment to “sustainability” in the business location Frankfurt,” emphasizes Lamberti. 

The towers will be equipped with completely new air conditioning, water and lighting technology. New glass panes with windows that can be opened will further improve the energy balance. In the future, employees and clients will find themselves in a modern interior in the new towers. The building will be given a newly designed foyer, larger conference rooms and flexible office space.

The bank has commissioned the world-renowned Milanese architect, Mario Bellini, with the interior design. As a designer, Bellini has worked for names such as Olivetti, Cassina, B&B, Vitra, Rosenthal and Yamaha. The Museum of Modern Art in New York dedicated a major personal exhibition to him in 1987. And as an architect, Bellini has designed world-famous buildings such as the National Gallery of Victoria in Melbourne, opened in 2003; the trade fair in Essen; and the Museum of Islamic Art, which is currently under construction in the Louvre, Paris.

During the past few months, all the approximately 2,500 employees and the Management Board have moved out of Taunusanlage 12 and into other offices in Frankfurt. New building and fire-safety regulations were what made it necessary to renovate the building that the bank moved into in 1984. The bank estimates the extensive construction work for what is Europe’s largest office tower renovation will take two and a half years to complete. The relocation back to the building at Taunusanlage 12 is scheduled for summer 2010.

 

For further information and sketches of the new building, please contact:

Deutsche Bank AG
Press and Media Relations
Klaus Thoma
Telephone: +49 (0)69 910 33405
e-mail: klaus.thoma@db.com

 

About Deutsche Bank

Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With 77,920 employees in 75 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.

www.db.com

 




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