Green Property Ventures
Green Property Ventures is a property development and investment company operating in the core commercial sectors of retail, industrial & office in Ireland and the UK. It is a sister company of Green Property Ltd, formerly Green Property Plc, Green Property Investment Fund 1 Plc, Green Property Management and other entities / groups operating in Ireland, the UK and other jurisdictions.
Assets under management for Green Property Ventures and other related Green entities total in excess of 3.5million sq ft.
In 2010 Green Property Ventures entered into a joint venture agreement with Investment firm TPG Capital to invest €900m between the UK and Ireland. In the same year Green Property Ventures took over the asset management of a UK portfolio of retail, office, logistics and leisure on behalf of a private ownership group and GE Capital Real Estate. In August 2011 an agreement was signed with Lloyds Banking Group whereby Green Property Ventures would asset manage properties on behalf of receivers appointed by the Bank on its Irish loan exposure totalling in excess of €1bn.
Most recently, in July 2013 Green Property REIT Ventures was established and appointed the Investment Manager of Green REIT plc.
Green REIT plc is an Irish Real Estate Investment Trust, listed on the Irish and London Stock Exchanges since July 2013. At the time of listings, the Company successfully raised €310m. The secondary offerings in May 2014 bought the total equity to €710m.