In the commercial property sector, Green REIT (OTCMKTS:GREEF) (LON:GRN) (Real Estate Investment Trust) was one of the big recovery stories of 2013 and that looks set to continue this year. Led by Stephen Vernon and Pat Gunne, shares in Green REIT floated at €1 last July and following a string of property purchases still look attractive at €1.40. There’s a distinct shortage of office space in Dublin right now and if the Irish economy continues to improve, rental growth will accelerate too.
Have they or haven’t they?
Several sources are reporting that the company has been successful in edging out The Blackstone Group L.P. (NYSE:BX)...
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