Telereal to snap up EUR 1bn RBS portfolio

UK property company Telereal is reportedly on the verge of acquiring real estate worth over EUR 1 bn from the Royal Bank of Scotland. The 200,000 m[sup]2[/sup] portfolio of 63 office and high-street bank properties, including the Queen's bank Coutts, generates an annual rent of more than EUR 65 mln. ...

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