More than 99% of shareholders voted in favour of the key resolutions of the proposed takeover
The deal would be a big move into a relatively new market for the UK private equity firm
Green REIT has posted a 21% jump in its EPRA earnings to €44.6m.
Second-round bids to be submitted by midday on 19 June
Vevan Unlimited accumulates 2.14% stake in firm
Annual rent roll rises by 10% in first half of the year.
Editor’s comment: Pat Gunne and Stephen Vernon aren’t stupid, are they? Their decision this week to put Green REIT, Ireland’s first real estate investment trust, up for sale could quite easily…
Local experts do not think the sale indicates the top of the market quite yet.
Hibernia REIT is mulling a bid for rival Green REIT, which put itself up for sale yesterday
Green REIT has reported a 2.2% increase in its EPRA NAV per share to €1.83 (£1.58).
Irish property investor Green REIT has reported a 9% NAV uplift on 2017 €1.3bn (£1.2bn)
Barclays Bank Ireland has agreed a deal to set up a post-Brexit European hub at Green REIT’s One Molesworth Street in Dublin