Green Property directors ‘satisfied’ despite fall in pre-tax profits to €550k

GREEN Property, the company that owns Blanchardstown Shopping Centre saw pre-tax profits fall from almost €1.4 million in 2009 to €551,206 last year.

Recently filed accounts for Green Property for the year to June 30, 2010, show that net rents in the year totalled €579,184 compared to €473,188 the previous year.

The directors said they are satisfied with the company’s performance in the financial year and do not expect any significant changes to its business activities in the foreseeable future. The directors do not propose to pay a dividend for the year.