IRES REIT

New forecasts to reflect the move in yield curves

  • Sectors : Real Estate
  • Companies : IRES REIT

Ratings and price correct at time of issue.

  • IRES REIT

    Closing Price: 112c

  • RATING 08/05/15

  • PREVIOUS RATING N/A

Person's Name

Colin Grant

Analyst

DAVY VIEW

Yield curve movements have impacted the wider real estate sector. The increase in EURIBOR leads us to raise our interest charge forecasts each year at IRES and lower our EPRA EPS and DPS forecasts. IRES has mitigated future interest rate risk through hedging arrangements. We also modestly lower our EPRA NTA forecasts.

View full article

Download full report with analyst certification and important disclosures

Jan 11 2023, 07:00 GMT

Download