The Brookfield-owned Dublin developer wants to be carbon neutral in seven years’ time
The price paid for the REIT represents a 35.6% premium to Hibernia’s closing price on 24 March
The €1.60-a-share deal is a 35.6% premium to Hibernia’s share price
KPMG will pay an initial rent of €17m with 40 months rent-free for the Dublin premises
But Kevin Nowlan warns return to homeworking will have near-term impact
€152.3m deal for North Docks site represents net initial yield of 4.75%
Accountancy giant had been eyeing six developments for new Dublin office
Dublin-focused REIT says demand for prime offices should hold up
Hibernia REIT has received 90% of commercial rent for the September quarter
Aim of the programme is to reduce the REIT’s share capital
Shares in Dublin property firms took a hit directly after the General Election
Good financial results and expanding portfolio boost Hibernia