Brokers support Green

BRITISH stockbroking firm, NatWest Securities, has predicted strong asset growth for Green Property between now and 1998

BRITISH stockbroking firm, NatWest Securities, has predicted strong asset growth for Green Property between now and 1998. Net asset value per share should grow from 202p to 263p this year, to 298p in 1997, and to 322p by 1998, according to a review of the company. Much of the asset growth this year is expected to come from the Blanchardstown shopping centre. The brokers are forecasting a surplus of 43p per share when the development is valued in December.

Dividends are expected to rise from 4.4p to 5.0p. NatWest is recommending the shares as a buy.