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Davy Research

Hibernia REIT

KPMG pre-lease signed

Dec 21 2021, 11:20 GMT
Colin Grant
Company Report
5 page(s)

Sectors : Real Estate

Companies : Hibernia REIT

Ratings and price correct at time of issue.

Hibernia REIT

Closing Price: 126c
RATING 11/11/14
OUTPERFORM
PREVIOUS RATING N/A

Colin Grant

Analyst

DAVY VIEW

Hibernia has announced the pre-lease of the majority of its major office development at Harcourt Square to KPMG. The signing of this deal is positive. The terms provide clarity and visibility on future earnings and cashflows and further de-risk the investment case alongside the low LTV.

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Dec 21 2021, 11:20 GMT

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Hibernia REIT

KPMG pre-lease signed

Hibernia REIT

RATING 11/11/14

Colin Grant

DAVY VIEW

Download full report with analyst certification and important disclosures