Green Reit's office focus paying off

Strong take-up at Dublin developments as property group eyes logistics market

18th September, 2017
Green Reit's 1 Molesworth Street office development. Pic:

Property investment group Green Reit has reported a big increase in core earnings, boosted by strong interest in its new office developments.

Core earnings for the year to the end of June rose by 33 per cent to €33m, and the total value of its portfolio increased by 11 per cent to just under €1.4 billion.

Profit after tax fell by 11 per cent to €129.8m, mainly due to a smaller contribution from a revaluation of...

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