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Davy Research

IRES REIT

Trading statement

Jan 10 2023, 07:10 GMT
Colin Grant
Company Report
5 page(s)

Sectors : Real Estate

Companies : IRES REIT

Ratings and price correct at time of issue.

IRES REIT

Closing Price: 110c
RATING 08/05/15
OUTPERFORM
PREVIOUS RATING N/A

Colin Grant

Analyst

DAVY VIEW

IRES has released a trading update indicating continued strength in the rental market, driven by the ongoing supply/demand imbalance. IRES has mitigated future interest rate risk by hedging 72% of its drawn debt until April 2026. We will look to revisit our forecasts following recent moves in yield curves.

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Jan 10 2023, 07:10 GMT

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Davy Research

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IRES REIT

Trading statement

IRES REIT

RATING 08/05/15

Colin Grant

DAVY VIEW

Download full report with analyst certification and important disclosures