CoStar News revealed in September that LBG had exercised the option of enforcing on its own landlord in 15 Halifax Bank branches throughout the UK worth £51.3m, after one of the loan's two default triggers has been waived.
Lloyds appoints Franc Warwick to sell branches
Lloyds Banking Group has received offers between 5-10% above the June 2011 valuation on three of the 15 Halifax Bank branches it is selling after enforcing on its own landlord.
By Paul Norman
CoStar News
November 7, 2011 | 8:30 P.M.
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