Hibernia receives regulatory authorisation

Hibernia receives regulatory authorisation 

Hibernia REIT plc ("Hibernia") announces it has been authorised by the Central Bank of Ireland (the "Central Bank") as an internally managed Alternative Investment Fund ("AIF") under the European Union (Alternative Investment Fund Managers) Regulations 2013.

Following the acquisition of WK Nowlan REIT Management Limited (the "Investment Manager") by Hibernia in November 2015, the Investment Manager remained authorised as the Alternative Investment Fund Manager ("AIFM") to Hibernia pending authorisation by the Central Bank of Hibernia as an internally managed AIF.

Concurrent with the authorisation of Hibernia, and as requested by the Investment Manager, the Central Bank has withdrawn the authorisation of the Investment Manager.

ENDS

Contacts:

Hibernia REIT plc +353 1 536 9100

Tom Edwards-Moss, Chief Financial Officer

Sean O'Dwyer, Risk & Compliance Officer

Murray Consultants

Doug Keatinge: +353 86 037 4163, [email protected]

Jill Farrelly: +353 87 738 6608, [email protected]

About Hibernia REIT plc

Hibernia REIT plc is an Irish Real Estate Investment Trust ("REIT") and is listed on the Irish and London Stock Exchanges. The principal activity of the Company is to acquire and hold investments in Irish property (primarily commercial property) with a view to maximising shareholder returns.