Green REIT is to pay a dividend of €6.1m next month following the release of its half year results.

The ISEQ-listed property company said it had a pre-tax profit of €74.3m in the six months to 31 December, with net assets valued at €807m.

The reported period included its acquisition of offices on Dublin’s Dawson St, known as the Sapphire Portfolio, for €375m.

The company said it owned 24 properties by the end of last year with a total passing rent of €53m.

Almost all of its portfolio’s value – 95% - was based in Dublin, it said, while almost two thirds of its stock was office space.