Portfolio of 12 AIB branches to be auctioned for €48 million

23rd December, 2014
12

Knight Frank has brought the Bank Portfolio to market at a guide price in excess of €48 million. The portfolio comprises 12 AIB bank branches in Dublin that are strategically positioned within AIB’s branch distribution channel. The twelve properties, let to AIB Bank Plc, are being offered for sale in one or more lots. The total rent roll is approximately €3.29 million which will represent a net initial yield of just over 6.6 per cent....

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