Hibernia Reit sells Dublin office block, commences share buyback - News Summed Up

Hibernia Reit sells Dublin office block, commences share buyback


Listed landlord and developer Hibernia Reit has commenced a share buyback programme of up to €25m. Listed landlord and developer Hibernia Reit has commenced a share buyback programme of up to €25m. The office block, located close to the Samuel Beckett bridge, was acquired by Hibernia last year for €28.7m. Kevin Nowlan, Hibernia Reit CEO, said:"We acquired 77 SJRQ in early 2018 and simultaneously agreed to let the entire building to IWG on a long lease." Goodbody Stockbrokers has been enlisted for the buyback programme.


Source: Irish Independent April 01, 2019 06:22 UTC



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