The Royal Bank of Scotland (RBS) is selling 318 branches and associated assets to Santander UK for a total of £1.65 bn (EUR 1.9 bn). RBS said in a statement on Wednesday the sale reflects a £350 mln premium to net assets. The transaction is expected to be completed by December 2011.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
