As the sell-off of a portfolio of three Irish shopping centres in Cork, Clonmel and Balbriggan moves to a second round, with three bidders reportedly all over €135 million, a second very sizeable portfolio of Dublin shops and offices comes for sale this week, guiding €123m.

AIB is looking to raise more capital via the sale and leaseback of seven branches in its property portfolio – a move which could raise an estimated €20 million for the bank.