Green Reit shares climbed following its surprise decision to put itself on the market, but other stock market property listed firms failed to get a major lift.

Ireland’s tallest building, the Elysian Tower in Cork city, is expected to fetch more than €100m when it goes on sale in the coming weeks.

Ireland’s tallest building, the Elysian Tower in Cork city, is expected to fetch more than €100m when it goes on sale in the coming weeks.

The housing minister has been asked to intervene after it emerged that some tenants are being asked for two months’ rent as a deposit.

Property firm Hibernia Reit said it has the resources to spend on growing its office holdings and may seek to expand its buy-to-let residential holdings.

Over the past three years, property in the Irish economy has started to move out of the shadows of financial markets and into an era of transparency and better governance.

It is imperative to stop the loss of essential rental accommodation, says estate agent Sheila O’Flynn.

Property investment company Irish Residential Properties Reit has announced an agreement to buy 92 residential apartments for €19.45m in a move that further strengthens its grip on the market in the capital.

Hibernia Reit yesterday said it had acquired two more properties in the Dublin Docklands for €4.6m. Both are on Lime Street in the South Docks area and are part of the strategic development zone designated by Dublin City Council.

Publicly-quoted property investment fund, Irish Residential Properties REIT (I-Res) has the capacity to take on up to €300m of bank debt to further grow its portfolio and sees “strong growth opportunities going forward”.

Hibernia REIT is to lodge a planning application that could see the Garda regional headquarters, on Dublin’s Harcourt Square, replaced by up to 300,000sq ft of prime office development.

The Irish Residential Properties (I-RES) REIT has agreed a deal that will provide it with an additional €150m in acquisition funding which is to be used for expanding its portfolio of high-quality properties.

Hibernia REIT [real estate investment trust] expects the unprecedented level of sales in the Irish commercial property market to continue to drive strong performance for the investment trust in 2015.

Italy’s steps to transform its real estate investment trust industry mirror changes made by Spain that helped attract foreign investors including Bill Gross and George Soros.

Hibernia REIT — one of the new breed of property investment funds to have floated in the past year — is in negotiations with a number of potential lenders in the hope of establishing debt facilities to be used to fund its purchasing activity.

Publicly-owned property fund Hibernia REIT has said it sees significant further commercial and residential acquisition opportunities in Dublin, having already spent nearly 90% of the equity it raised in its December float.

The number of trades dealt on the Irish Stock Exchange (ISE) stood at 2.2m for the first half of 2014 – an increase of 32% on the same period in 2013, according to new ISE statistics published today.

Irish Residential Property REIT (I.RES) has bought an apartment block in the Grand Canal Dock area of Dublin for €50.1m from Brehon Capital Partners and Midwest Holding.

The Real Estate Investment Trust (REIT) continue to pick up landmark properties in Dublin, while in London Ballymore hunts €2.4bn finance to construct 3,000 houses.

One of the main beneficiaries in the recovery of the Irish property market looks set to be the real estate investment trusts (REIT), who are poised to pick up Nama’s best assets.

Goodbody Stockbrokers has initiated coverage of the two main domestic REITs (real estate investment trusts) which floated on the Iseq last year, stating that both have significant scope for share value growth this year.

Irish Residential Property REIT has raised €200 million in a stockmarket listing, meeting its target as it became the third such real estate investment trust to launch in Ireland in the last year.

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

The Irish exchange is back in the big time, with the US also booming again, writes Kyran Fitzgerald.

A company-wide review set to be released next week will reveal that Ulster Bank will close more branches and move some head office functions to Britain, but it will maintain a full banking presence in Ireland, according to a person familiar with the situation.

The property investment firm Green REIT has invested €178m in three deals over the past two months, including the IN&M printworks in Citywest and the EBS headquarters in Dublin 4, as well as the commercial portfolio acquired from Danske Bank, according to its interim management statement.

Fears of an interest rate hike in the US failed to stop the London market from reaching a four-month high today as blue-chips were buoyed by some positive trading updates.

The parent company of luxury hotel chains Hotel du Vin and Malmaison said today it was in talks to sell the businesses outright after abandoning plans to offload them to a tax-efficient hotel group.

Property companies helped lift the London market today, with real estate investment trust Hammerson setting the pace after takeover speculation.

The appointment of a new chief executive at Compass continued to please investors today as the FTSE 100 Index stayed above the 6,000 threshold.

Supermarket giant Tesco saw its shares hit a record high today on a report that it wanted to unlock more value from its £12bn (€17bn) property empire.

The FTSE 100 Index closed above the 6000 mark tonight for the first time since March 2001 as the City digested Chancellor Gordon Brown’s 10th Budget.