Hibernia REIT

Pre-let news positively impacts the investment case

  • Jun 4 2021, 07:10 IST/BST
  • Colin Grant
  • Company Report
  • 11 page(s)
  • Sectors : Real Estate
  • Companies : Hibernia REIT

Ratings and price correct at time of issue.

  • Hibernia REIT

    Closing Price: 122c

  • RATING 11/11/14

  • PREVIOUS RATING N/A

DAVY VIEW

The news that KPMG has selected Hibernia as a preferred bidder to provide it with a new location for its Dublin office staff de-risks the development pipeline, drives NAV and earnings growth and provides optionality in the rest of the portfolio. We also update our forecasts following the FY results.

Download full report with analyst certification and important disclosures

Jun 4 2021, 07:10 IST/BST

Download