M/22/019 – Brookfield Asset Management / Hibernia REIT
Transaction details
The proposed acquisition by one of the real estate private funds of Brookfield Asset Management Inc., through its wholly-owned indirect subsidiary Benedict Real Estate Bidco Limited, of sole control of Hibernia REIT plc, has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Tuesday April 12, 2022 | Thursday, April 28, 2022 |
| Parties Involved | Business activities |
|---|---|
| Brookfield Asset Management Inc. | Brookfield Asset Management Inc. is a global alternative asset manager with assets across real estate, infrastructure, renewable power and transition, private equity and credit and insurance. |
| Hibernia REIT plc | Hibernia REIT is an Irish real estate investment trust. Its entire portfolio is located in the Greater Dublin Area and predominantly comprises city centre offices, as well as a small amount of residential property. |
| Economic sector | Media merger |
|---|---|
| Real Estate | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Wednesday, April 27, 2022 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Peter Honer | peterhoner@ccpc.ie |
Media enquiries: communications@ccpc.ie
Haven’t found what you’re looking for?
Competition and Consumer Protection Commission
PO Box 12585, Dublin 1, D01 C576
Tel +353 (0)1 402 5500
Consumer helpline 01 402 5555