Elkstone Closes High-Quality Real Estate Deal During Pandemic

 

Bank of Ireland, Balbriggan has been acquired by Elkstone for €5.5m. The Property has a 14 year unexpired lease to Bank of Ireland and the transaction was funded by Elkstone clients and senior debt from Ulster Bank.

Commenting on the deal, Ciarán McIntyre said “In the middle of the pandemic, we closed a property transaction. We are delighted to acquire a quality asset for our clients and are grateful for the support from Ulster Bank as our senior lender.”