28th Aug 2014 07:00
RNS Number : 1788Q
Hibernia REIT PLC
28 August 2014
Update re Cumberland House, Dublin 2
Hibernia REIT plc (Hibernia) confirms it remains in exclusive discussions to acquire Cumberland House, and pursuant to this has agreed to provide the owners with a short term loan of €38m. The loan is fully secured on Cumberland House and has an interest rate of 6% per annum.
Hibernia will make further announcements as appropriate.
This information is provided by RNS
The company news service from the London Stock Exchange
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