Hibernia Reit shares shed 10% during election campaign over Sinn Féin pledges

Concerns about a further commercial stamp duty hike by a potential Sinn Féin-led government continue to weigh on property shares, including Hibernia Reit, the country’s largest stock market-listed office landlord.

After issuing a trading update, Hibernia shares edged higher but have nonetheless shed around 10% of their value during the election campaign when it became clear Sinn Féin was surging in the polls.