Hibernia REIT full-year pre-tax profit rises by 47% to €136.3 million

The investment trust said its net asset value per share was up 17%

24th May, 2016
One Earlsfort Terrace in Dublin, acquired by Hibernia earlier this year

Hibernia REIT has reported a 47 per cent increase in full-year pre-tax profit to €136.3 million as an active year of lettings to the likes of Twitter added to its rent roll of €39 million.

The real estate investment trust said its net asset value in the year to March 31, 2016 rose by 17 per cent to 130.8 cent per share. Its portfolio was valued at €927.7...

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