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Feb 21 2019, 07:55 GMT
IRES has announced that it has closed the purchase of 52 residential units at The Coast in Baldoyle for €14m. The gross yield on the transaction is estimated at 6.1%, which is in line with the rest of the portfolio. The transaction will be financed by existing credit facilities and will be immediately earnings accretive.
Feb 21 2019, 07:55 GMT