Hibernia details €267m of Dublin property buys ahead of AGM

Hibernia REIT completed eight acquisitions totalling €267 million primarily in the central Dublin office sector in a “highly active” period since 1st April, it said in an interim management statement today.

22nd July, 2014
Hibernia has concentrated on central Dublin.

Hibernia REIT completed eight acquisitions totalling €267 million primarily in the central Dublin office sector in a “highly active” period since 1st April, it said in an interim management statement today.

The acquisitions have come from both off-market and on-market purchases of both direct property and secured loans, utilising the management's extensive network of contacts, it said.

Hibernia's property portfolio, measured by cost, now comprises 74 per cent central Dublin offices, 2 per...

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