Irish REIT Hibernia expects to benefit from Brexit as occupiers look to decamp some operations from the UK to Ireland.
In its annual results Kevin Nowlan chief executive said: “Economic momentum remains strong in Ireland and we are seeing continued interest in Dublin from UK-based occupiers following the UK’s decision to leave the EU. We expect decisions on destination cities to start to be made in the second half of the year.
“We have a portfolio rich in opportunity, an exciting development pipeline and a strong balance sheet for further investment where we see opportunity.”
