Trust snaps up five properties for €23m

Ireland’s first property investment trust Green REIT has bought five Dublin-based properties from Danske Bank for €23m, significantly boosting its asset portfolio.

Trust snaps up five properties for €23m
Tue, 11 Feb, 2014 - 00:00
Geoff Percival

The Dublin-and London-quoted trust was the first firm to avail of the real estate investment trust legislation introduced by Finance Minister Michael Noonan in the budget.

It said yesterday that it expects the latest acquisitions to conclude “imminently”.

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CourtsPlace: IrelandPlace: DublinPlace: LondonPlace: Dublin’sPlace: Mount StPlace: Molesworth StPlace: Ormond QuayPlace: Central ParkPlace: LeopardstownPlace: NamaPerson: Finance MinisterPerson: Michael NoonanPerson: Pat GunnePerson: ChairmanPerson: Gary KennedyOrganisation: Green REITOrganisation: Danske BankOrganisation: NAMA
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