Major Irish offices landlord Green Reit sold to British fund for €1.34bn
Office landlord Green Reit, which owns key properties in Dublin, including One Molesworth Street, George’s Quay and properties on Harcourt St, as well as One Albert Quay in Cork, has been sold for €1.34bn, confirming that the buyer is the British fund Henderson Park.
The property firm, which enjoyed favourable tax treatment under special legislation, had surprised the market when it put itself up for sale in April, saying the stock market had long failed to reflect the true value of its office properties, as well as a logistics facility close to Dublin Aiport.
