Emmet Oliver on business: Green Reit, China and Permanent TSB

Emmet Oliver on business: Green Reit, China and Permanent TSB
Jeremy Masding PIc: Fennells

While the bunting will certainly be unfurled when this transaction closes at Green’s headquarters on Dublin’s Molesworth Street later this year, like all deals, it leaves a litany of winners and losers in its wake

The property giant Green Reit has seemingly confounded the sceptics and the markets, and proven that the old saying ‘self love is no love’ rings hollow.

The company, somewhat brashly, told the investment world in April its shares were unfairly discounted at €1.53 a share and that it was going to march off to find a buyer with a better appreciation of its underlying value.

Last week it found one, in the shape of the British...

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