A real estate fund managed by Deutsche Asset Management Investment GmbH agreed to acquire Westend Retail Park in Blanchardstown from Green REIT plc (ISE:GN1) for approximately €150 million on May 25, 2018. The property generated an annual contracted rent of €8.5 million. The sale is expected to complete by the end of June 2018. The net proceeds from the sale will be applied in reducing the Green REIT's revolving credit facility. A real estate fund managed by Deutsche Asset Management Investment GmbH completed the acquisition of Westend Retail Park in Blanchardstown from Green REIT plc (ISE:GN1) in June 2018.