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Old 06-20-2008, 12:39 PM
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Default Bank of Ireland backs £100m retail property deal

A £100m property investment deal funded by the Bank of Ireland is a good indication that banks are become less wary about backing major projects.The Manchester-based independent property group, Modus, has invested £100m in undisclosed shopping centre assets, and the deal was backed by the Manchester office of the Bank of Ireland.The bank is confident [...]

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