Double Dublin Debut For Deutsche, Despite Downgrade
Deutsche Bank has secured a double debut in Dublin as it fights off a credit downgrade and rumours about its U.S. subsidiaries.
In a message sent to bank employees on Friday 1 June, Chief Executive Christian Sewing said there was “no reason for us to be discouraged”, despite the bank’s share price having hit a historic low.
The 300K SF park was sold at a shade above the recent valuation of €147.1M, the Irish Times reports.
Green Reit said it would use proceeds to reduce its revolving credit facility and for reinvestment.
The group run by developer Pat Crean has secured a €115M facility, the Irish Independent reports.