Hibernia Reit backs rent and building controls
Building for the future: Nowlan says construction industry a quarter of 2005 size. People will start looking to suburbs as supply limited
One of the country’s largest property investors has welcomed the government’s new rules on rents and residential building regulations.
Kevin Nowlan, chief executive of Hibernia Reit, said: “It’s good that the government has finally dealt with the speculation. What they’ve proposed I don’t think is going to particularly damage the market, which is good.”
Hibernia, which recently completed a deal to lease office space in Dublin’s Cumberland House to Twitter, also has a ...