Property market pick-up continues

The property market continues to heat up as Green REIT spent over €300m, Bank of Ireland investor Wilbur Ross announces a property joint venture and CBRE bring the €6m Donnybrook Mall to market.

The rise of the REITs continues with the Green REIT purchasing a €375m portfolio of commercial real estate assets in Dublin city centre.

Following the acquisition of the portfolio, which includes properties at Georges Quay and George’s Court in Dublin 2 and other commercial space at the Westend Retail Park in Dublin 15, Green REIT will have spent 94% of its property war chest.