Stephen Vernon

50 results

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(...)

Beef magnate Larry Goodman: he  has continued to build up a  stake in commercial property company Green Reit. Photograph: Alan Betson

Beef magnate Larry Goodman has continued to build up his stake in commercial property company Green Reit, spending €1.82 million last Friday on shares(...)

Beef magnate Larry Goodman. An investment company controlled by his family, Vevan Unlimited, has accumulated a 2.14 per cent stake in Green Reit. Photograph: Eamonn Farrell/Photocall

Beef magnate Larry Goodman has been building up a stake in Green Reit in recent weeks, as the Dublin-listed property company courts bidders after putt(...)

Arthur Ryan, second from left,  and Alma Carroll at the opening of Primark’s store in Boston in 2015, alongside Mayor Martin Walsh and  Primark chief executive Paul Marchant. Photograph: Josh Reynolds

Leading business figures yesterday paid tribute to Arthur Ryan, who led Penneys-Primark from just one store on Dublin’s Mary Street to a global fashio(...)

The One Molesworth Street site – the building has since been partly let to British Bank Barclays and Canadian investment bank TD Securities. Photograph: Cyril Byrne

Property group Green Reit, whose stock market value has risen by 11 per cent to €1.19 billion since it put itself up for sale five weeks ago, has set(...)

One Molesworth Street: among Green Reit’s buildings on which 25 per cent tax on the increase in value may need to be paid if the trust is sold.

Real estate investment trust Green Reit could pay 25 per cent tax on the increase in value of some of its properties if the company is sold, it has em(...)

Green Reit is up for sale. Photograph: Cyril Byrne / THE IRISH TIMES

Property investment company Green Reit said on Monday that it has appointed JP Morgan Cazenove to initiate a process for the sale of the company or it(...)

‘We totally bought into Ireland’s growth story,’ says Simon Kelly of Redquartz of the mood before the crash. Photograph: Chris Ratcliffe/Bloomberg

It was the tie that gave it away. Paddy Kelly, one of Ireland’s biggest developers, and his son Simon had just visited the headquarters of Anglo Irish(...)

A computer-generated image of the new Staycity and Premier Inn development.

Irish aparthotel group Staycity will add another location to its portfolio as part of a £203 million (€233 million) regeneration of London’s Paddingto(...)

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