Ulster Bank to offload €600m in property assets

Ulster Bank is seeking to offload a €600 million portfolio of assets across the country, one of the largest single blocks of property ever to come on the market here.

Ian Kehoe - avatar

Ian Kehoe

9th June, 2012

Ulster Bank is seeking to offload a €600 million portfolio of assets across the country, one of the largest single blocks of property ever to come on the market here.

The British-owned bank has appointed numerous advisers, including estate agents Savills, to manage the sale process.

The portfolio consists of 140 to 150 properties, mostly commercial property and development land.

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