Buckley, Donal
September 2006
EG: Estates Gazette;9/23/2006, Issue 638, p181
Trade Publication
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.


Related Articles

  • Treasury works on RBS 'bad bank' plan.  // EG: Estates Gazette;2/14/2009, Issue 906, p31 

    The article reports that European governments were working on plans to shore up some of commercial property's largest and most important lenders. The British government is working on a plan to transfer Royal Bank of Scotland loans and financial instruments into a separate bad bank vehicle. The...

  • Sale/leaseback transactions can improve bottom line. Roush, Christina // Las Vegas Business Press;02/19/2001, Vol. 18 Issue 8, p5B 

    Explains how corporations can benefit from a sale/leaseback transaction. Sierra Health Services' sale of a majority of its real estate holdings in Las Vegas, Nevada, to CB Richard Ellis Corporate Partners LLC; Details of how a sale/leaseback transaction works; Benefits gained by the buyer and...

  • St James lines up six deals on Brewery.  // EG: Estates Gazette;12/17/2005, Issue 550, p15 

    The article reports on the offers to buy the Brewery on Chiswell Street in London, England from investment fund Saint James Capital. Green King plans to buy the two pubhouses it operates at the site while a private investor will buy Sundial Court. According to Anthony Lyons of Saint James,...

  • Irish to Update Bank Rescue Efforts.  // American Banker;3/30/2010, Vol. 175 Issue 48, p16 

    The article reports on the Irish government's 2010 plans to offer financial assistance to failing banks in the country, including Allied Irish Banks PLC and Bank of Ireland PLC.

  • SALE-LEASEBACKS HEAT UP IN '03. Tunick, Britt Erica // Investment Dealers' Digest;5/19/2003, Vol. 69 Issue 20, p34 

    Bad publicity for synthetic leases has been a blessing for real estate sale-leasebacks. Sale-leaseback transactions have been on the rise since the beginning of 2003, according to Kevin Nunnink, chairman ofIntegra Realty Resources, a real estate consultancy. They've become popular because they...

  • PEAKSIDE ACQUIRES POLISH ASSETS FROM AIB.  // EuroProperty;9/3/2012, p5 

    The article reports on the purchase of Allied Irish Bank PLC's (AIB) Polish property fund management subsidiary and its interest in two Polonia Property Funds by Peakside Capital.

  • PEAKSIDE AGREES POLISH ACQUISITION WITH AIB.  // EuroProperty;4/23/2012, p7 

    The article reports on Europe-based real estate private equity firm Peakside Capital's signing of agreements to buy Allied Irish Bank's Polish property fund management business and its interests in two Polonia Property Funds.

  • Allied Irish To Sell Its Stake in M&T.  // American Banker;3/31/2010, Vol. 175 Issue 49, p16 

    The article states that Allied Irish Banks PLC will sell its stake in M&T Bank Corp. to meet regulators' capital requirements.

  • AIB sees bad loans soar in Irish market.  // EG: Estates Gazette;5/16/2009, Issue 919, p30 

    The article reports on the warning issued by Allied Irish Bank regarding a possible rise in bad commercial porperty loans during the first quarter of 2009. In an interim management statement, the company noted that impaired or vulnerable loans on its watch list rose by €9 billion to...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics