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Hibernia REIT raises €365m as Irish deal flow momentum builds

Ireland’s second-ever real estate investment trust, Hibernia REIT, has raised €365m in its maiden capital raising from more than a dozen US and European institutional investors.
By James Wallace
December 6, 2013 | 6:30 P.M.

Hibernia REIT, which takes its name from the classical Latin name for the island of Ireland, secured 124.5m from five cornerstone investors, including Putnam Investments, Marsh UK, Wellington Management and TIAA-CREF.

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