Monday July 6, 2020

Hibernia Reit chief calls for elected Dublin mayor

Shortage of residential units and infrastructure is hampering economy, says Hibernia Reit boss

28th May, 2017

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 goes on...

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