Ulster Bank mulls sale of €500m Dublin land bank

Combined holdings in Adamstown would enjoy fast-track planning permission

20th September, 2015
Ulster Bank is poised to sell off some of it's residential devolpments

Ulster Bank is examining the potential sale of one of the largest tracts of residential development land in Dublin, a move that would help unlock a major supply of potential houses in the capital.

The bank is reviewing its position over a massive land bank in Adamstown in west Dublin, with the potential market value understood to be in the region of €500 million if brought to market.

The bank has a major exposure to...

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