Ulster Bank sells off 1,500 properties

Ulster Bank has sold or forced the sale of 1,500 properties from its books so far this year, and is now accelerating its disposal programme to meet increasing demand in the market.

25th November, 2012

Ulster Bank has sold or forced the sale of 1,500 properties from its books so far this year, and is now accelerating its disposal programme to meet increasing demand in the market, the bank has confirmed.

The lender, which had just shy of a €1 billion operating loss for the first nine months of the year, is selling both residential and commercial premises, and has begun to focus in the last few months on "smaller ticket"...

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