TITLE

CYNICISM RULES

AUTHOR(S)
Buckley, Donal
PUB. DATE
September 2006
SOURCE
EG: Estates Gazette;9/23/2006, Issue 638, p181
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on responses to the sale-and-leaseback of the branches of the Bank of Ireland and Allied Irish Banks in Ireland (AIB). They deny claims that the sell-offs reflect a belief among bankers that the real estate market has peaked. The banks plan to release capital to generate returns for their shareholders through the sell-offs. The assets are in core retail areas with exposure to virtually all the growth centres in Ireland.
ACCESSION #
22656763

 

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