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Hibernia REIT plc (HBRN)
The information contained within this announcement is considered by Hibernia REIT PLC to constitute inside information. Upon the publication of this announcement via a Regulatory Information Service, this inside information will be considered to be in the public domain.
Hibernia agrees major pre-let with KPMG at Harcourt Square
Hibernia REIT plc ("Hibernia") announces that it has pre-let the majority of its 347,000 sq. ft. office development at Harcourt Square, Dublin 2 to KPMG Ireland ("KPMG").
"We are delighted to have reached agreement with KPMG and we look forward to welcoming them to Harcourt Square, which will deliver world class, energy efficient office buildings in Dublin's historic core. This pre-let substantially de-risks our near-term development pipeline and represents an important step for us in achieving our strategic priorities of asset clustering and ESG excellence. It is also a significant expression of confidence in the Dublin office market and in the quality of Hibernia's offering for businesses and their people in the new work environment."
"Our agreement with Hibernia is a major milestone in our continuing growth and success and is one of the most exciting steps in our firm's history. We are ambitious for, and confident in, the outlook for our business and our people collaborating and learning in our new office will have a critical part to play in that future success. This will be one of the biggest developments in Dublin city centre for the next few years and clearly demonstrates our confidence in the capital's role at the heart of Ireland's economy."
Hibernia REIT plc +353 1 536 9100
Kevin Nowlan, Chief Executive Officer
Tom Edwards-Moss, Chief Financial Officer
Justin Dowling, Director of Property
Murray Consultants (PR adviser to Hibernia)
Doug Keatinge: +353 86 037 4163, firstname.lastname@example.org
Andrew Smith: +353 83 076 5717, email@example.com
KPMG is Ireland's leading professional services firm and is presently headquartered at Stokes Place in Dublin 2 where the current lease ends in 2026. The Harcourt Square pre-let follows major investments in new premises in Belfast, Cork and Galway over the past number of years and with industry leading targets for environment credentials it will play a key role in helping KPMG demonstrate its accountable commitment to be net zero by 2030.
 Including 7,000 sq. ft. reception and 2,000 sq. ft. of storage
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