Deutsche Bank expands Deutsche Guggenheim

Deutsche Bank is further expanding its presence in Berlin and is setting up an international forum for dialogue between business, politics, culture and society at its Unter den Linden premises.

Deutsche Guggenheim Photo: © Deutsche Guggenheim Berlin

Deutsche Guggenheim has been a collaboration between Deutsche Bank and the Solomon R. Guggenheim Foundation since 1997 and was housed in a part of the Unter den Linden premises. The current contract with the Guggenheim expires at the end of 2012, and the Guggenheim and Deutsche Bank have made the mutual decision to close the exhibition space. Plans are underway to reformulate the relationship between the two organizations.

“We are extraordinarily proud of the work that we have achieved together with Deutsche Bank in these last 14 years,” stated Richard Armstrong, Director of the Solomon R. Guggenheim Museum and Foundation. “This has been a unique collaboration that has not only provided a vital and dynamic exhibition space in one of the most vibrant cities in the world, but has also resulted in the creation of many outstanding new works of art by some of the most important artists of our time. While the Guggenheim and Deutsche Bank have made the mutual decision to close the exhibition space, we are looking forward to the next phase of our relationship and collaboration.”

“We would like to thank the Guggenheim Foundation for the inspiring and fruitful cooperation we have enjoyed over the years and will continue to work closely together on selected projects,” emphasizes Friedhelm Hütte, the bank’s Global Head of Art.

Beginning in 1997 under the leadership of Thomas Krens, director of the Guggenheim Foundation from 1988 to 2008 Deutsche Bank and the Solomon R. Guggenheim Foundation have together played an essential role in the increasing importance of contemporary art in Berlin. As a world-renowned corporate collector of contemporary art, Deutsche Bank and the Guggenheim Museum have shared a productive synergy. Through a joint commissioning program, new works have been created by 17 artists and exhibited at the Deutsche Guggenheim. Many works have also been shown in New York and Bilbao and some have entered the collections of both institutions. One of the foremost exhibition spaces in Berlin for contemporary art, Deutsche Guggenheim has presented a total of 57 exhibitions thus far and the Unter den Linden location has welcomed to date a total of 1.8 million visitors.

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