Iput, the leading Irish property investment group and developer, is planning to spend €500 million “greening” its portfolio of offices and logistics facilities to reach a net zero carbon position by 2030. “The growth in rental is based on locked in lettings,” Iput chief executive Niall Gaffney told The Irish Times. Wilton Park will provide 600,000 sq ft of grade A offices as well as retail, restaurants and amenity space. Shareholders were paid a cash dividend of €102.5 million last year, down from €106.7 million in 2019. Iput owns and manages a portfolio comprising more than 5.2 million sq ft, with a value of more than €2.7 billion.

Source: The Irish Times April 30, 2021 04:30 UTC