10th Feb 2016 09:54
LONDON (Alliance News) - Hibernia REIT PLC, which is listed on the Irish and London stock exchanges, on Wednesday said it is seeing a high level of interest in its Dublin office buildings from potential tenants.
Chief Executive Kevin Nowlan said the Irish property investor has "flexible" funding in place to make investments. "Given a stable economic environment, we remain confident in our outlook," he said.
"We are making good progress across our development and refurbishment programme which will deliver significant new city centre office space in Dublin in the near term, against a backdrop of limited vacancy," Nowlan said.
Shares in Hibernia REIT were up 4.7% at EUR1.23 on Wednesday morning.
By Samuel Agini; [email protected]; @samuelagini
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