By David Parsley2018-07-11T06:56:00
Hibernia REIT has sold New Century House in Dublin to a fund managed by Credit Suisse Asset Management Global Real Estate for €65.3m (£58m).
The price is slightly up on March’s book value, reflects a net initial yield of 4%, and a capital value of €815 per sq ft. Completion is expected to occur in September 2018.
You must be logged in to continue
Register for free to finish this article.
Sign up now for the following benefits:
To access this article REGISTER NOW
Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.