The tanking euro is a big boost for foreign property investors

AIB bank, O’Connell Street, Dublin
AIB bank, O’Connell Street, Dublin

Adeclining euro offers British and North American commercial property investors sizeable return benefits, according to agent Knight Frank.

A bid date of May 13 has been set for offers for the Bank Portfolio, a collection of 12 AIB landmark retail/office branches in Dublin with a guide of just under €50 million.

The portfolio is on the market under the instruction of Gerard Gannon and generates a total annual rent of ...