News Tag: pub estate

January 11, 2009

RBS looks to dispose of estate of pubs

by Kay Murchie
It has been reported that the Royal Bank of Scotland (RBS) is looking to dispose of its 1,000 pub estate, which is estimated to be worth £600 million. The leased and tenanted outlets were acquired from Scottish & Newcastle (S&N), the brewer now controlled by Heineken, in early 2000 for approximately £450 million. With the current difficult market conditions, analysts ...

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