RBS is considering putting 1000 pubs for sale
Thursday, February 5th, 2009RBS are reportedly pondering on whether to put up 1000 of its pubs for sale, although they are refusing to comment publicly on the topic.
The pubs in question are all managed by Scottish & Newcastle Pub Enterprises. Word has it that RBS are scouting about for a cash-rich pub chain operator or property company. Scottish & Newscastle themselves are believed to be thinking about the purchase, although they are similarly tight-lipped.
Anyone with cash and hankering to own a chain of pubs may well find that this low in the market is the perfect time to buy.
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