Finance

Brookfield agrees €1bn deal to buy Ireland’s Hibernia REIT

By 2022-03-25T07:41:00

1 Sir John Rogerson’s Quay, Dublin

Canadian investment giant Brookfield has agreed a €1bn (£840m) cash deal to buy Irish property group Hibernia REIT.

Benedict Real Estate Bidco, a subsidiary of one of Brookfield’s real estate private funds, has struck a €1.60 a share deal to buy the Dublin-based office developer.

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