What does ‘opportunistic’ Henderson Park have in store for Green REIT?

Three-year-old Henderson Park this week agreed to buy Ireland’s first REIT, in a €1.3bn (£1.2bn) bet on the Irish commercial property market. The UK private equity company’s offer for Green REIT stands at a 2.3% premium to its EPRA NAV per share as at 30 June, and 24.7% premium to its share price before it kicked off the sale in April. Nick Weber, founding partner and chief executive of Henderson Park, said the acquisition of Green REIT offered a “rare opportunity to invest in a large institutional quality office portfolio and a strategic logistics park through a single transaction”. “The