Henderson Park completed its acquisition of Green REIT for $1.5bn.

Henderson Park Capital Partners, a real estate firm based in UK, completed its acquisition of Green REIT, a commercial real estate firm, for $1.5bn. "Green REIT has been trading at a persistent structural discount to its underlying Net Asset Value since early 2016. This persistent discount has been inconsistent with the value of the Company's assets, management, business plan and performance as well as the Irish commercial property sector. Having undertaken a detailed strategic analysis, the Board determined that it was in the interests of shareholders to conduct a sale process to solicit offers for the Company or its assets. Following a highly competitive process, the cash offer by Henderson Park to acquire the Company represents an attractive outcome for shareholders delivering a premium to the share price prior to the announcement of the sale process and to Green REIT's Net Asset Value," Gary Kennedy, Green REIT Chair.