21 June 2022
Tom Edwards-Moss appointed as new Hibernia REIT CEO following completion of acquisition by Brookfield
Tom Edwards-Moss has been appointed as Chief Executive of Hibernia REIT (“Hibernia” or “the Company”), following its recent acquisition by Brookfield. He has been Chief Financial Officer of Hibernia since June 2014.
He takes over from Kevin Nowlan, who will remain an Executive Director and continue to work as part of the senior management team in his new role as a Senior Adviser.
Brookfield’s acquisition of Hibernia completed on 17 June 2022, and the Company’s shares have been delisted from Euronext Dublin and the London Stock Exchange. Hibernia intends to change its name to reflect that it is no longer structured as Real Estate Investment Trust (“REIT”) and this will be announced in due course.
Hibernia listed in December 2013 and has built a portfolio focused on high quality office assets and prime redevelopment sites in central Dublin, with an emphasis on asset clustering and ESG excellence. At its last published valuation prior to delisting the portfolio was valued at €1.3bn.
The appointment is subject to approval by the Central Bank of Ireland.
ENDS
I’m excited to be taking over as Chief Executive as Hibernia enters this new phase. Under Brookfield’s ownership we plan to maintain our focus on creating new office clusters that deliver a high-quality work environment to our tenants alongside top-tier sustainability credentials, such as the Clanwilliam Quarter and Harcourt Square.
Tom Edwards-Moss
Chief Executive of HiberniaAbout Hibernia REIT
Hibernia REIT owns and develops property with a focus on the Dublin city centre office market. HIbernia seeks to own clusters of assets to enhance the facilities and amenities it can provide occupiers, with a strong focus on ESG excellence.