Hibernia REIT has reported a 2.5% increase in the value of its portfolio to €1.4bn and a corresponding 2.3% lift in its EPRA net asset value to 170.1c a share in the final quarter of the year.
The upift was attributed to gains following the letting of Dublin office development, 1SJRQ, to HubSpot.
The company also today announced that Richard Ball is to step down from his role as chief investment officer at the end of March. He will be replaced by current senior investment manager Edwina Governey on an interim basis until a permanent appointment is made.
