Press Release

Kirkland Advises Brookfield on €1.089 billion Recommended Cash Offer for Hibernia REIT PLC

Kirkland & Ellis is advising Benedict Real Estate Bidco Limited, a subsidiary of one of Brookfield's real estate private funds, on the recommended cash offer for the entire issued and to be issued share capital of Hibernia REIT. The acquisition values Hibernia REIT at approximately €1.089 billion, on a fully diluted basis. Hibernia REIT is an Irish Real Estate Investment Trust (REIT), listed on Euronext Dublin and the London Stock Exchange. Hibernia REIT owns and develops property and specialises in Dublin city centre offices.

 

Read the London Stock Exchange Announcement

 

The Kirkland team was led by corporate partners Francesca Harris, Greg Scott and Matthew Elliott and associate Luke Forryan and debt finance partners Stefan Arnold-Soulby, Jonathan Birks and James Esterkin and associate Maurice Walsh.