Sidders, Jack
November 2013
EG: Estates Gazette;11/30/2013, Issue 1349, p03
Trade Publication
The article reports that Hibernia has become only the second real estate investment trust (REIT) in Ireland. It notes that Hibernia has raised 125 million euros so far as of 2013 and is planning to raise a total of 350 million euros. It reveals that the funds will be invested by Nowlan Property REIT, with the asset management company WK Nowlan acting as adviser for Hibernia. The REIT's plan to take advantage of the anticipated increase in property prices is also discussed.


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