BERLIN: Deutsche Bank AG's asset-management unit said its real estate deals rose 65 percent to a record volume last year as investors sought commercial properties in Germany. Deutsche Asset & Wealth Management bought and sold 3.6 billion euros ($4.3 billion) of buildings for its German real estate investment funds, the country's largest bank said in a statement today. The deals were done by Germany-based mutual funds and special funds for institutional investors, and most of the transactions involved buildings in Germany. "The year 2014 was a record for us, with extraordinary market opportunities," said Georg Allendorf, co-head of European real estate at the unit. "Institutional investors in particular need appropriate real estate investment opportunities and favor German special funds for that purpose."