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Minister for Finance Mr Michael Noonan, TD, welcomes the launch of Hibernia REIT

“I welcome the launch of Hibernia REIT, Ireland’s second REIT, less than a year after I announced the introduction of the tax framework in December 2012. This will bring further investment capital to the Irish property market, and will also provide increased choice for investors. I have introduced a number of supply side initiatives in recent years to support the recovery of this sector and there are real signs of life starting to return – particularly on the commercial property side in Dublin and other cities”.