Ireland's largest office landlord Hibernia Reit restates faith in city centres on Covid-19 vaccine news                 

Property firm reported a net loss of €34.2m in the six months to the end of September, compared with a profit of €25.5m a year earlier

Chief executive Kevin Nowlan says Hibernia Reit remain "big believers" in city centres. "Our view is that when people are able to go back to offices they are going to go back in volume, and that the office in the future is going to be at the core of business."

The CEO of Hibernia Reit, the market-listed property firm that is one of Ireland’s largest office landlords, said the demise of city centre locations has been exaggerated and that the potential breakthroughs in Covid-19 vaccines could change the conversation about working from home in the near future. 

Chief executive Kevin Nowlan said the pandemic had accelerated trends for companies allowing their staff to work from home, while the vaccine trial news from Pfizer-BioNtech and Moderna will help companies start planning for office space after Covid.