Committed to investment in the regional cities

Committed to investment in the regional cities

Bank of Ireland is delighted to have supported Inmark Asset Management and its investors in their acquisition of the landmark office building 110 St Vincent Street, Glasgow G2.

The property, which is the longstanding Glasgow head office for Bank of Scotland Plc occupies a prime position in the Central Business District and provides 100,000 sq ft of modern Grade A office space while retaining the original listed facade and iconic banking hall.

Inmark Asset Management, working alongside their institutional investor partners, has been active in the UK and European markets.

Alex Braithwaite of Knight Frank Investment Management, who arranged the funding on behalf of Inmark Asset Management, commented “110 St Vincent Street is a prime asset that offers both longevity of income and strong performance potential”.

Andrew Pendered, Head of Property Finance GB at Bank of Ireland commented “We are excited to be working with KFIM and their partners. This transaction presents an excellent opportunity to assist with the acquisition of a landmark property in Glasgow and we look forward to continuing to build on our relationship.”

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