Green REIT ‘plans to tap market’

Green REIT is close to tapping the market for about €300m in funding to finance future investments, the Irish Examiner has learned.

Green REIT ‘plans to tap market’
Fri, 04 Apr, 2014 - 01:00
John Walsh, Business Editor

The listed vehicle has just completed the acquisition of the €311.5m Central Park portfolio from Nama in a 50:50 venture with Pimco.

Green REIT was the first company to take advantage of the REIT [real estate investment trust] legislation introduced in the 2013 budget, by Finance MinisterMichael Noonan. Its focus is on prime commercial assets in Dublin.

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CourtsPlace: DublinPlace: Newlands Cross, Naas Rd, Dublin 22Place: IrelandPerson: FinancePerson: NoonanOrganisation: Green REITOrganisation: Irish ExaminerOrganisation: Central ParkOrganisation: NAMAOrganisation: PIMCOOrganisation: ReitOrganisation: Hibernia ReitOrganisation: GatewayOrganisation: Bank of ScotlandOrganisation: HiberniaOrganisation: JMC Van TransOrganisation: Technetix
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