Green REIT targets €200m IPO

By Nick Jacob
26 Jun 2013

Green Property on Wednesday launched a €200m IPO of Ireland’s first real estate investment trust, hoping to lure investors with a promised recovery in the Dublin commercial property market.

Unlike a Warsaw REIT listing, Meridian Properties, that was pulled on Monday after a week of pre-marketing, Green REIT will not have a launch portfolio. Investors instead will be backing the high-profile management team to make acquisitions.

Positive feedback from pilot fishing provided bookrunners confidence to launch despite equity market volatility and setbacks ...

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