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Davy Research

Hibernia REIT

Latest transactional evidence is supportive of valuations

Jun 9 2021, 07:20 IST/BST
Colin Grant
Company Report
6 page(s)

Sectors : REITs

Companies : Hibernia REIT

Ratings and price correct at time of issue.

Hibernia REIT

Closing Price: 125c
RATING 11/11/14
OUTPERFORM
PREVIOUS RATING N/A

Person's Name

Colin Grant

Analyst

DAVY VIEW

Following upgrades to NTA from the recent FY results and then the positive news of being selected as a preferred bidder for a major pre-let with KPMG, the latest positive development for Hibernia REIT is that transactional evidence increasingly points to a resumption of modest yield compression in prime Dublin offices.

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Jun 9 2021, 07:20 IST/BST