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Aug 6 2021, 07:10 IST/BST
IRES REIT
H1 results show strong progress with more to come
DAVY VIEW
IRES’ interim results reflect EPRA EPS of 3.6c on an underlying basis, which is up 4% year-on-year (yoy) and above our forecast. EPRA NTA moved higher by 1.7% in H1. The company has announced that it is internalising management with effect from January 31st 2022 and has guided that this will be earnings accretive.
