Irish beef magnate Larry Goodman has increased his stake in Green REIT, as the firm seeks second-round offers after putting itself up for sale in April.
Stock exchange filings show that an investment firm controlled by the businessman’s family, Vevan Unlimited, had accrued a 2.14% stake, valued at around €27m (£24m) this week.
Last month, around eight firms submitted bids to buy Green REIT or some of its assets by June 12th. However, it is understood that the roster has been narrowed down to four contenders.
Names linked to the portfolio include Brookfield, Kennedy Wilson, Irish Life and Goldman Sachs.
A slew of German funds including Union, the investment arm of DZ Bank Group, are also understood to be vying for the portfolio.
The deadline for second round offers is July 25th.
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