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 : REITs
  • Companies : Hibernia REIT

Ratings and price correct at time of issue.

  • Hibernia REIT

    Closing Price: 122c

  • RATING 11/11/14

  • PREVIOUS RATING N/A

Person's Name

Colin Grant

Analyst

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.

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Jun 4 2021, 07:10 IST/BST

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