AIB reveals €40m property sale plan

AIB is to sell and lease back its Donnybrook House branch in Dublin for a deal which could be worth up to €40 million.

The property will be leased back to the bank for a period of three years at a rent of approximately €1.2m.

The Dublin 4 building is made up of 43,000 square feet and 10,000 square feet of storage space and sits on a 0.9 acre. There are 40 car parking spaces included in the deal.