Sale of New Century House, IFSC, completed

Hibernia REIT plc ("Hibernia") announces that the sale of New Century House has completed.  As per Hibernia's announcement in July 2018, the property has been sold to a fund managed by Credit Suisse Asset Management Global Real Estate for €65.3m.

ENDS

Contacts:

Hibernia REIT plc +353 1 536 9100

Richard Ball, Chief Investment Officer

Tom Edwards-Moss, Chief Financial Officer

Murray Consultants

Doug Keatinge: +353 86 037 4163, dkeatinge@murraygroup.ie

Jill Farrelly: +353 87 738 6608, jfarrelly@murraygroup.ie

About Hibernia REIT plc

Hibernia REIT plc is an Irish Real Estate Investment Trust ("REIT"), listed on Euronext Dublin and the London Stock Exchange.  Hibernia owns and develops property and specialises in Dublin city centre offices.