Brookfield completed the acquisition of Hibernia REIT for $1.2bn.

Brookfield, an investment management firm, completed the acquisition of Hibernia REIT, an Irish real estate investment trust, for $1.2bn. "We have built a strong relationship with Hibernia REIT's management team and are excited to partner with them in the next phase of the Company's development by combining Brookfield's global real estate expertise with Hibernia REIT's established operating platform and portfolio of high-quality standing and development assets in Dublin's most strategic submarkets. We look forward to supporting Hibernia REIT as they continue to create value by capturing demand from top global tenants for modern, sustainable buildings with best-in-class amenities and wellness credentials in prime locations," Brad Hyler, Brookfield Managing Partner and Head of European Real Estate.