Green REIT Plc has confirmed that it has exchanged contracts to acquire two office buildings in Dublin 2 for €33 million, inclusive of acquisition costs.
The total purchase price of €32 million equates to a net initial yield of 6.8 per cent, the company said.
Following the acquisitions, the total equity invested by the company will be €678 million, or 99 per cent of the total equity raised by the company since its launched in July 2013.
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team