Green REIT spends €12m on land at Dublin Airport

Publicly-quoted property investment fund, Green REIT, has significantly expanded its land estate near Dublin Airport, by purchasing 164 acres for €12.25m.

The land is adjacent to the company’s Horizon Logistics Park development, close to the airport, and boosts the size of Green REIT’s landbank in the area to 264 acres.

The company’s development director, Paul Culhane, said the securing of such a significant land holding, between Dublin Airport and the M50 motorway, is “very exciting”, “particularly with the underlying fundamentals of the logistics sector, including the growth of e-commerce, being so strong.”