Hibernia REIT

What Hibernia REIT does

Hibernia REIT is an Irish Real Estate Investment Trust (registered in Ireland, no. 531267) that owns and operates a portfolio of sustainable office and commercial properties across central Dublin. The portfolio comprises 11+ properties including 1SJRQ, 1WML, 2 Cumberland Place, 50 City Quay, Hardwicke House, Observatory, 1 Cumberland Place, Montague House, Portview House, a retail unit at Harcourt Square, and the Gateway Logistics Park. Assets are organized into three geographic clusters — Windmill Quarter, Harcourt Square, and Clanwilliam Quarter — that enable shared amenities and curated services. The company's core competency is in real estate development and sustainable property management: it transforms older buildings to LEED Platinum standards, holds LEED O&M certification on 33,000m2 of office space, and maintains 100% WELL Health Safety Rating across its managed portfolio, with a stated ambition to reach net zero carbon by 2030. There is no proprietary technology platform; the differentiator is the physical asset base, in-house management, and ESG/sustainability credentials.

Hibernia generates revenue through direct B2B leasing of office and commercial spaces to enterprise tenants, with rental pricing conducted on a quote basis rather than publicly disclosed. Available space ranges from approximately 1,453 sq. ft. (retail unit at Harcourt Square) to 178,000 sq. ft. (Gateway Logistics Park), catering to tenants from small professional services firms to large corporations. The go-to-market is primarily direct: the corporate website showcases available properties, ESG credentials, and company news, and prospective tenants are routed to direct inquiry and in-person property viewings. The company serves a single customer segment — enterprise businesses seeking Grade A+ sustainable office space in Dublin's prime locations — and Horizon 2026 catalysts include the 345,000 sq. ft. Harcourt Square office development (completing early 2026) and the Gateway Logistics Park asset (available March 2026), which both materially expand the rentable footprint and add a logistics vertical.

Ownership structure, financial metrics, headcount, and leadership names are not disclosed in the source material. The company describes itself as independently operated and announced senior leadership changes in December 2025. There is no parent company, no subsidiaries, no public ticker, and no disclosed funding rounds. The company's strategic posture is that of a focused, single-market (Dublin) office landlord executing a sustainability-led differentiation strategy, with operational scale-up via the 2026 development pipeline.

Name

Hibernia REIT

Legal name

Hibernia REIT

Website

https://hiberniareit.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Hibernia REIT is an Irish Real Estate Investment Trust that owns and operates a portfolio of LEED-certified office and commercial properties across central Dublin, leasing premium sustainable workspace to enterprise tenants on a quote-based rental basis.

Ownership category

akta.pro rank

Headquarters

HQ city

Dublin

HQ country

Ireland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales

Revenue model

1. Commercial Property Leasing: Hibernia generates revenue primarily through leasing office and commercial spaces to businesses. The company owns a portfolio of LEED Platinum and Grade A+ office buildings in Dublin, charging tenants rental income from office units ranging from 1,453 sq. ft. to 178,000 sq. ft.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Hibernia REIT owns and leases a portfolio of sustainable office, retail, and logistics properties in central Dublin, with available units ranging from 1,453 sq. ft. to 178,000 sq. ft. The company transforms older buildings into LEED Platinum-certified workspaces and develops Grade A+ office space, organizing its assets into geographic clusters (Windmill Quarter, Harcourt Square, Clanwilliam Quarter) that enable shared amenities and curated tenant services. Revenue is generated through direct B2B property leasing to enterprise tenants, supported by in-house property management and a sustainability agenda targeting net zero carbon by 2030.

Product overview

Hibernia REIT operates as a commercial real estate investment trust owning and managing a portfolio of sustainable office and retail properties across central Dublin. The company offers a unified property platform comprising individual office properties (1SJRQ, 1WML, 2 Cumberland Place, 50 City Quay, Hardwicke House, Montague House, Portview House, Observatory, 1 Cumberland Place) and retail units, organized into geographic clusters (Windmill Quarter, Harcourt Square, Clanwilliam Quarter) that enable shared amenities and services. The company also maintains a logistics asset (Gateway Logistics Park). Core services include property leasing, space availability management, and ESG-focused property management targeting LEED certification and WELL Health Safety ratings.

Differentiator

Problem solved

Functional benefit

Segments1 record

Ideal customer profiles1 record

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators7 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• Green REIT: Former Irish REIT focused on Dublin Grade A office and mixed-use assets, historically the closest direct peer to Hibernia in strategy and geography (subsequently acquired and now operating within Henderson Park / DWS capital). Highly comparable as a Dublin-centric prime office landlord targeting institutional tenants.
• Kennedy Wilson Europe Real Estate: Was a UK-listed REIT investing in prime office and mixed-use assets across Ireland and the UK, with material Dublin exposure. Comparable in target asset class, tenant profile, and capital-markets approach, even though it has since been wound down.
• Ballymore Group: Privately-held Dublin-headquartered developer operating major mixed-use and office schemes across the city. Comparable as a large Dublin-focused property developer/operator competing for the same enterprise tenants and prime central business district assets as Hibernia.

Regional players

• Yew Grove REIT: Irish-listed REIT focused on commercial property (office and industrial) leased to Irish and UK tenants. Comparable as an Irish REIT platform with similar recurring rental economics, though more diversified across asset classes and less Dublin-centric than Hibernia.
• I-RES REIT: Irish-listed REIT investing in multi-family residential assets. Comparable as a domestic Irish REIT using a similar acquisition-and-active-management model, though the asset class (residential) and tenant base differ from Hibernia's commercial focus.

Broad incumbents

• Hammerson: Large UK-listed REIT with a portfolio spanning prime retail, office and mixed-use destinations including Dublin (Dundrum). Comparable as a large-scale institutional landlord with European city exposure and an active ESG agenda, though broader and more retail-skewed than Hibernia.
• Brookfield Asset Management: Global alternative asset manager with a significant Irish real estate platform, including its 2019 acquisition of the original Hibernia REIT. Comparable as a Dublin prime-office owner and indirect potential capital partner, though vastly larger and broader in mandate than Hibernia as currently disclosed.
• Tristan Capital Partners: European real estate investment manager with value-add and core-plus strategies across Western Europe, including Ireland. Comparable as an institutional capital allocator and operator of European office and logistics assets in overlapping geographies.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/hibernia-reit-plc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hibernia REIT