COPENHAGEN, March 18 (Reuters) - Danske Bank said it had agreed to sell its head office buildings in centralCopenhagen to British insurer and asset manager Standard Life for 1.4 billion Danish crowns ($212 million).
Denmark's largest financial institution will continue tolease the buildings as its head office, Danske Bank said.
The address has been the centre of Danske Bank since 1875but the bank now said it was no longer expedient to have a largeproperty portfolio.
The complex comprises a total of 14 buildings and the bankhas earlier sold and leased back other buildings.
At its annual general meeting on Wednesday it was approvedthat the bank pay out 8 billion crowns in dividends after thebooking a net profit of 17.7 billion crowns in 2015. - thehighest in the bank's history.
($1 = 6.6102 Danish crowns) (Reporting by Ole Mikkelsen, editing by David Evans)