Green REIT PLC | REIT Profile

Symbol: GN1
Exchange: ISE
Founded: 2013 (11 years)
HQ: Dublin, Ireland
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Industrial, Office, Retail

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Having developed an Irish property portfolio of the highest quality, we are now enhancing its value and delivering the strongest possible returns to investors. We do this in number of ways: by pro-active and imaginative asset management policies; by securing a strong long-term income stream; by prudent debt management; and by delivering progressive dividends to shareholders. Following Green REIT's flotation in 2013, we built an enviable portfolio by acquiring high-calibre properties at a low-point in the Irish economy's recovery cycle. While still taking advantage of suitable opportunities, our focus today is on maximizing the portfolio's potential. We now have a €1.5bn portfolio that includes world-class office, logistics and retail assets. Most of these are located in and around Dublin. Our policy is to choose properties that require active management. Having created this portfolio, our prime focus now is to develop all the opportunities it offers. Doing so lets us deliver dividends that are in line with the Irish REIT regime. Our management and development strategy is fourfold: we aim to create a secure income stream by extending Weighted Average Unexpired Lease Terms as far as possible: we have adopted a prudent approach to debt; we deliver progressive dividends that adhere to Irish REIT rules; and we continue to take advantage of opportunities that match our investment criteria.