Hibernia REIT buys two properties in Dublin's IFSC

Tuesday 15 July 2014 09.03
Hibernia REIT acquired Guild House and Commerzbank House off Dublin's North Wall Quay
Hibernia REIT acquired Guild House and Commerzbank House off Dublin's North Wall Quay

Hibernia REIT has bought two properties in Dublin’s IFSC for more than €90m.

The property trust has acquired Guild House and Commerzbank House off North Wall Quay for €90.75m.

The adjoining properties are fully let at present, with FBD Holdings, BNY Mellon and Commerz Management Services amongst the tenants.

Hibernia REIT says it has spent €337m in the Irish market since it floated on Dublin's ISEQ in late 2013, acquiring nine properties in the process.