Hibernia REIT Sells Dublin Building To Credit Suisse For $76M
The REIT sold New Century House to a Credit Suisse Asset Management Global Real Estate fund and said the sale worked out to a net initial yield of 4 percent.
The six-story property was developed in 1999.
“New Century House was Hibernia’s first office acquisition following our initial public offering in late 2013," Richard Ball,...
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