Pat Gunne

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The MSCI/SCSI Ireland Quarterly Property Index showed  the office-dominated Irish commercial property sector delivered a 5.3 per cent return last year. That’s down from 9.6 per cent in 2018 and rates of 36 per cent and 25 per cent seen in 2014 and 2015. Photograph: iStock

Following a stunning recovery by Irish commercial property in the past seven years, rumblings are beginning to surface. Not even three months after c(...)

Noel and Valerie Moran walked away with a €266 million payout for Prepaid Financial Service. Photograph: Alan Betson

It was a year of extremes in the corporate world – financial reward and glory for some; the end of the road for others. And 2019 also saw a cast of fi(...)

Traders work on the floor at the New York Stock Exchange: the S&P 500, which sets the tone for markets globally, passed a landmark in August as it recorded its longest rally, having gone nine and half years without a fall of at least 20 per cent. Photograph: Reuters

US-China trade tensions. Brexit. Fears of a global recession. Drone attacks on Saudi Arabian oil refineries. Donald Trump becoming the third US presid(...)

3. The Sorting Office, Dublin docklands – sold for €240 million

When the total volume of investment in Ireland’s commercial property market hit a record €4.6 billion in 2014, any expectations of that figure being s(...)

AbbVie faces a €572 million stamp duty bill on the purchase of Botox maker Allergan following budget changes made by Minister for Finance Paschal Donohoe

Green Reit’s founders Stephen Vernon and Pat Gunne are mightily relieved this weekend that they managed on Monday to spring over the last major hurdle(...)

Stephen Vernon (left) and Pat Gunne, at the Listing of Green REIT plc on the Irish Stock Exchange, in Dublin in 2013. File photograph: Eric Luke/ The Irish Times

Having just pulled off one of the largest property deals in the history of the Irish market with an agreement to sell Green Reit to UK-headquartered H(...)

Green Reit became the first real-estate investment trust to float on the Irish stock market in 2013, before going on to amass a €1.48bn portfolio of prime office, logistics and development assets. Photograph: Cyril Byrne

UK property company Henderson Park is on track to agree to acquire Green Reit this week, hastening the stock-market exit of the first real-estate trus(...)

Final bids for the company were received last Thursday

Green Reit has entered exclusive talks over a potential sale to Henderson Park, a fast-growing UK property that entered the Irish market in recent mon(...)

Green Reit’s board put the company put it up for sale after concluding its share prices had been ‘subject to a material and persistent structural discount to its net asset value per share over three years’

UK-based real estate investment firm Henderson Park has emerged as the third remaining bidder for Green Reit, the Dublin-listed property company with (...)

Irish Life: no longer in race to acquire property group Green Reit. Photograph: Alan Betson

Irish Life, the largest life insurance and pensions group in the Republic, has dropped out of the race to acquire Dublin-listed property group Green R(...)

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