Green REIT earnings soar after lettings spree

Green REIT has posted a 21% jump in its EPRA earnings to €44.6m (£41.4m) in the 12 months to 30 June. Its underlying net rental profit was boosted by an increase in its annual rental income to €79.4m, or €83m when income from lettings with terms agreed are included, from €71.7m the year before. The value of Green REIT’s portfolio rose by 8% during the period to €1.5bn, according to full-year results from the group. EPRA NAV per share increased by 5% to 187.1 cents. Gary Kennedy, chairman of Green REIT, said: "This has been another year of growth in