| 12.5°C Dublin

Close

Premium


Loss of three out of four Reits jars with narrative of tax-free riches

Jon Ihle


Unfavourable conditions suggest the end of an era for the commercial property investment vehicle

Close

Kevin Nowlan, CEO of Hibernia Reit which has spent the last six years trading at a discount to its net asset value

Kevin Nowlan, CEO of Hibernia Reit which has spent the last six years trading at a discount to its net asset value

Kevin Nowlan, CEO of Hibernia Reit which has spent the last six years trading at a discount to its net asset value

With Hibernia the latest Reit to delist from the Irish stock market, it looks like it could be the end of the road for Reits in Ireland, at least those focused on commercial property.

But the reasons may have less to do with a failure of the investment vehicle than with a combination of unfavourable market conditions.


Most Watched





Privacy