Green Reit up 2% as asset value rises

Prime Dublin office rents have remained stable, at €700 per square metre, while office rents in Cork have increased 8% from last year, commercial landlord Green Reit has said.

Shares in the company rose almost 2% despite its profits falling more than 14%, year-on-year, to €45.6m in the six months to the end of December. However, the value of its properties rose 4.1% to €1.48bn.