Green REIT plc (“Green REIT” or the “Company”), the Irish property investment company, notes recent media speculation on financing.
As announced in our statement issued on 31 January 2014, Green REIT, together with our partners, has been selected as preferred bidder by the National Asset Management Agency (NAMA) regarding the potential acquisition of a portfolio of commercial real estate known as Central Park, located in Dublin.
This acquisition will be financed from existing Company resources alongside its funding partner PIMCO.
The Company is always considering its funding options including debt, equity and joint ventures, as would be expected in the ordinary course of business. The Company will update the market as and when it is appropriate.