Hibernia REIT said today it has sold 77 Sir John Rogerson's Quay and said it would return the net sales proceeds of €35m to shareholders.
It will start this process with an initial share buyback of up to €25m.
The company said the share buyback programme will start on April 2.
The progamme may run up to December 2019 subject to market conditions, the ongoing capital requirements of the business and termination provisions customary for arrangements of this nature.
