Value of Iput’s Irish assets up by 26%

Higher rents across its portfolio helped bring income in the quarter to €22.1 million

Iput, the fast-growing property investment vehicle, said the value of its assets have shot up by more than a quarter to €1.66 billion over the last year.

In a report to its investors, Iput said that - in the three months to the end of September - the capital value of its assets grew by 4.2 per cent. In the year through September they rose by 26.5 per cent.

Higher rents across its ...