Publicly quoted property investment fund Hibernia REIT has said a number of companies have shown interest in the majority of vacant space remaining in its commercial property portfolio in central Dublin.

Property firm Hibernia Reit said it has the resources to spend on growing its office holdings and may seek to expand its buy-to-let residential holdings.

Sterling yesterday surrendered most of the ground it had gained after Theresa May outlined her hard Brexit vision for Britain on Tuesday, as investors looked to Irish property stocks as potential winners from the UK’s rupture with Brussels.

Publicly-quoted investment fund Hibernia REIT said it is well-positioned to benefit from any Brexit upside — in the form of UK-based companies looking to relocate to Dublin — and is adequately funded to take advantage of property acquisition opportunities.

Shares in Hibernia REIT dipped marginally by 1.01% on the Irish Stock Exchange yesterday as it released its latest trading update covering the period to the end of June 2016.

Opposition TD Mick Wallace has alleged a former Nama portfolio manager used “insider knowledge” to help a “vulture fund” he held a 30% stake in to purchase the gardaí’s headquarters in Dublin from the State body.

Publicly quoted property investment fund Hibernia REIT is targeting a 50% increase in total rent roll over the next two years, which would lift its rental income from nearly €40m to €60m.

Over the past three years, property in the Irish economy has started to move out of the shadows of financial markets and into an era of transparency and better governance.

The developers of the site where U2 recorded some of their albums have failed in their battle with Dublin City Council over a disputed Luas Red Line payment of almost €500,000.

One of the country’s largest residential landlords is expecting significant growth during 2016 despite the Government’s two-year rent freeze introduced late last year.

There is a cracking double-header in store at the National Basketball Arena on Sunday with leaders Templeogue, C&S UCC Demons, and Killester involved in two crucial games.

Ireland’s men’s team will make an official return to European basketball next year, it was confirmed yesterday.

A crucial weekend for C & S UCC Demons as they face a double header, beginning tomorrow with a visit to the capital for a clash with Eanna, following by a mouth-watering home clash against Swords Thunder on Sunday.

Bakken Bears needed a late surge to pull clear of Hibernia and qualify for the last 32 of the FIBA Europe Cup at the National Basketball Arena. The Danish champions beat the home side 90-67, but there were just 10 points between the sides with 3:30 to go.

For the week that’s in it, it’s facile to tee up the respective state of two of our national teams advancing on Europe. Alas, the football and basketball experiences diverge as quickly as they begin.

An Irish club side made up of players from teams in the Basketball Ireland Men’s Premier League were made to pay for their mistakes by Czech heavyweights CEZ Nymburk in the FIBA Europe Cup. Hibernia Basketball lost 106-45 in central Bohemia in their third trip to the continent in as many weeks.

C&S UCC Demons will be hoping to keep their Premier Men’s League winning sequence intact when they entertain Moycullen at the Mardyke Arena on Sunday.

The developers of the site where U2 recorded some of their best-loved albums have entered a battle with Dublin City Council over a disputed Luas Red Line payment of almost €500,000.

The State’s best known marriage counselling service has put the brakes on plans to redevelop the €70m Garda regional headquarters site on Harcourt Street in Dublin.

Property investment company Hibernia Reit has acquired an 80-unit apartment complex in Dundrum, south Dublin for €28.05m in an off-market transaction.

A highly active year drove strong earnings growth and profitability for property investment company Hibernia Reit.

Hibernia REIT has proposed a move that would see it directly employ its current management team if approved by shareholders.

Hibernia Reit yesterday said it had acquired two more properties in the Dublin Docklands for €4.6m. Both are on Lime Street in the South Docks area and are part of the strategic development zone designated by Dublin City Council.

Businesses are increasingly looking outside Dublin’s central business district for office accommodation as rents continue to climb in the most sought-after areas, according to a report on the capital’s office market.

Publicly-quoted property investment fund, Hibernia Reit has acquired a prominent city centre office block in Dublin, for nearly €50m, marking its second major investment inside a month.

Hibernia REIT is to lodge a planning application that could see the Garda regional headquarters, on Dublin’s Harcourt Square, replaced by up to 300,000sq ft of prime office development.

The garda headquarters building on Harcourt Street is to be acquired by Hibernia REIT in a €70m off-market purchase.

Publicly quoted property investment fund, Hibernia REIT has noted a strong start to 2015 and has said it sees there being a number of acquisition opportunities becoming available in the Dublin commercial property sphere over the next year and a half.

Ireland is set to get a link to the fastest ever super-capacity transatlantic fibre-optic data cable — a move that could help deliver hundreds of hi-tech jobs in the growing cloud computing and data sectors.

Hibernia REIT [real estate investment trust] expects the unprecedented level of sales in the Irish commercial property market to continue to drive strong performance for the investment trust in 2015.

Welcome to your Wednesday morning briefing. Let us ensure you’re up to speed on what’s happening and are prepared for the day ahead.

Property investment fund Hibernia REIT plans to raise a further €300 million through a secondary share offering.

Hibernia REIT and IPUT plc both concluded residential and commercial property deals as activity ramps up to take advantage of a recovering market.

Hibernia REIT has agreed a €100 million, three-year revolving credit facility with Bank of Ireland.

Hibernia REIT — one of the new breed of property investment funds to have floated in the past year — is in negotiations with a number of potential lenders in the hope of establishing debt facilities to be used to fund its purchasing activity.

Publicly-owned property fund Hibernia REIT has said it sees significant further commercial and residential acquisition opportunities in Dublin, having already spent nearly 90% of the equity it raised in its December float.

An Irish property investment company has secured a €90.7m deal to buy adjoining office buildings in the heart of Dublin’s financial district.