Exclusive Listing: 15 Citizens Bank Branch Portfolios, Nationwide

The Brokerage Group offers 15 portfolios of Citizens Bank branch buildings. These portfolios are sold in groups of five to thirteen cross-collateralized properties. All of the buildings are on absolute triple net leases with 13 years remaining, and options for renewal. Leases include annual CPI rental increases of 1.5%.

Rent payment is guaranteed by the Royal Bank of Scotland Group, (RBSG) (S&P: AA-). The RBS is the second largest bank in the U.K. and Europe, the fifth largest in the world by market capitalization, and the 14th largest company in the world according to Forbes Global 2000 rankings. In May, 2004, RBS purchased Charter One Financial through its Citizens Financial Group for $10.5 billion. Citizens Bank is one of the ten largest commercial bank holding companies in the U.S. , extending its reach to Chicago and the Midwest. With $159 billion in assets, there are more than 1,400 bank locations in 13 states.