Hibernia receives regulatory authorisation

Hibernia REIT plc ("Hibernia") announces it has been authorised by the Central Bank of Ireland (the “Central Bank”) as an internally managed Alternative Investment Fund ("AIF") under the European Union (Alternative Investment Fund Managers) Regulations 2013.

Following the acquisition of WK Nowlan REIT Management Limited (the "Investment Manager") by Hibernia in November 2015, the Investment Manager remained authorised as the Alternative Investment Fund Manager (“AIFM”) to Hibernia pending authorisation by the Central Bank of Hibernia as an internally managed AIF.

Concurrent with the authorisation of Hibernia, and as requested by the Investment Manager, the Central Bank has withdrawn the authorisation of the Investment Manager.