IRES REIT

Updating forecasts

  • Jun 29 2021, 06:45 IST/BST
  • Colin Grant
  • Company Report
  • 11 page(s)
  • Sectors : Real Estate
  • Companies : IRES REIT

Ratings and price correct at time of issue.

  • IRES REIT

    Closing Price: 154c

  • RATING 08/05/15

  • PREVIOUS RATING N/A

DAVY VIEW

We have put through changes to our forecasts on IRES REIT, reflecting the impact of COVID-19, the full year results, a change in stamp duty and other cost assumptions. We have upgraded our NAV forecasts and lowered earnings and dividends. IRES has a key role to play in resolving Ireland’s supply/demand imbalance.

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Jun 29 2021, 06:45 IST/BST

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