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Feb 17 2020, 08:50 GMT
REITs
Irish Central Bank moves could support listed real estate sector
- Sectors : REITs
- Companies : Hibernia REIT | IRES REIT
Ratings
Ratings and price correct at time of issue
| Company | Rating | Date | Previous Rating | Date | Closing Price |
|---|---|---|---|---|---|
| Hammerson plc | OUTPERFORM | 20/07/17 | N/A | N/A | 240p |
| Hibernia REIT | OUTPERFORM | 11/11/14 | N/A | N/A | 134c |
| IRES REIT | OUTPERFORM | 08/05/15 | N/A | N/A | 156c |
DAVY VIEW
Several commercial real estate funds in Ireland have recently experienced redemptions due to their exposure to the retail sector. The Central Bank of Ireland (CBI) is now looking at making changes that could impact the willingness of investors to invest in them. This could support Ireland’s listed real estate sector.
