RBS (RBS) continues its strategy of offloading non-core assets as it agrees to sell two...

|By:, SA News Editor

RBS (RBS) continues its strategy of offloading non-core assets as it agrees to sell two commercial buildings in Frankfurt and Berlin to Axa Investment Managers for a combined €790M ($1B), Bloomberg reports. Axa made the acquisition on behalf of Norway’s $650B sovereign-wealth fund.