The information contained within this announcement is considered by Hibernia REIT PLC to constitute inside information. Upon the publication of this announcement via a Regulatory Information Service, this inside information will be considered to be in the public domain.
Harcourt Square news
Hibernia REIT plc ("Hibernia") announces that it has agreed non-binding heads of terms with KPMG Ireland for a pre-let of the majority of its 337,000 sq. ft. office development at Harcourt Square for the long term at an initial net effective rent slightly below €50 per sq. ft. per annum. There is no certainty that an agreement for lease will be concluded between the parties.
Further announcements will be made as appropriate.
ENDS
Contacts:
Hibernia REIT plc +353 1 536 9100
Kevin Nowlan, Chief Executive Officer
Tom Edwards-Moss, Chief Financial Officer
Murray Consultants
Doug Keatinge: +353 86 037 4163, dkeatinge@murraygroup.ie
Andrew Smith: +353 83 076 5717, asmith@murraygroup.ie
About Hibernia REIT plc
Hibernia REIT plc is an Irish Real Estate Investment Trust ("REIT"), listed on Euronext Dublin and the London Stock Exchange. Hibernia owns and develops property and specialises in Dublin city centre offices.