Hibernia Reit chief calls for elected Dublin mayor

The chief executive of Hibernia Reit, the publicly quoted Dublin office giant, has called for the introduction of a directly elected mayor for the capital to avoid chronic housing and infrastructure deficits.

Kevin Nowlan, whose company controls a property portfolio in the capital worth almost €1.2 billion, said that a shortage of residential units in Dublin would hamper growth in the economy and would prove a drag on FDI-led growth.

“If this situation ...