Iput, the country’s biggest property investment fund, has seen the value of its portfolio rocket by 30 per cent in a year.
In a report sent to investors, Iput said its assets are now valued at almost €1.5 billion, after returning 6.1 per cent in the three months to the end of June. The increase was due to a combination of capital growth and rental income gains.
The fund generated rents of €21 million on...
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